FPT and Nationwide College of Singapore Be part of Forces in Driving AI Innovation and Fostering Expertise Growth

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Revealed Oct 21, 2024 • 5 minute learn

NUS College of Computing and FPT MOU Signing Ceremony in Singapore. L to R: Professor Tan Eng Chye, President, NUS; Professor He Bingsheng, Vice Dean (Analysis), NUS College of Computing; Mr. David Nguyen, CEO, FPT Asia Pacific; Dr. Truong Gia Binh, Founder and Chairman, FPT Company. Enterprise Wire

SINGAPORE — The Nationwide College of Singapore’s College of Computing (NUS Computing) has entered right into a partnership with FPT, a number one international expertise company based mostly in Vietnam, to advance the sphere of synthetic intelligence (AI). This collaboration plans a joint funding of US$50 million, to be contributed by FPT, NUS, and different key gamers within the native and regional AI ecosystems over the following 5 years, aiming to drive pioneering analysis in AI and improve expertise improvement.

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This partnership won’t solely strengthen FPT’s capability to commercialise AI options and enhance its R&D capabilities but additionally foster the event of top-tier AI workforce, thereby enhancing its aggressive benefit within the APAC area and past.

This partnership won’t solely strengthen FPT’s capability to commercialise AI options and enhance its R&D capabilities but additionally foster the event of top-tier AI workforce, thereby enhancing its aggressive benefit within the APAC area and past.

New AI Lab to propel collaborative analysis, innovation, and commercialisation initiatives

A key focus of this partnership is the institution of a state-of-the-art AI Lab. Combining the strengths of NUS’ analysis and FPT’s business experience, the brand new AI Lab will speed up cutting-edge analysis in numerous domains of AI, together with machine studying, information analytics, pure language processing, and laptop imaginative and prescient, benefiting Singapore, the Asia Pacific area, and past.

Hosted at NUS Computing, the brand new AI Lab will likely be a part of the College’s dynamic AI ecosystem, collaborating with the NUS AI Institute (NAII) – which brings collectively AI researchers and experience throughout the College. The brand new AI Lab’s modern analysis tasks will deal with AI and automation, emphasizing real-world purposes in varied industries, similar to banking and insurance coverage, logistics and transportation, aviation and airline, vitality and utilities, manufacturing, and extra. As well as, the brand new AI Lab will produce joint analysis papers, case research, and white papers for publication in internationally acknowledged journals and conferences, sharing findings with the tutorial and enterprise communities.

NUS Computing and FPT may even discover alternatives to commercialize AI-driven options, together with the joint improvement of AI merchandise, providers, and platforms for international markets. By specializing in real-world challenges, the AI Lab will harness the potential of AI to drive optimistic developments in sectors essential to Singapore’s improvement and international progress.

Constructing capability and boosting AI abilities

Expertise improvement is one other cornerstone of the partnership. FPT and NUS Computing will conduct joint programmes, similar to internships, workshops, coaching programs, and PhD analysis alternatives, to nurture AI abilities. These initiatives will domesticate a pool of extremely expert professionals geared up with the talents and experience to guide future developments in AI and automation throughout Singapore and the broader APAC area.

Driving Innovation Collectively

FPT Company Founder and Chairman Dr. Truong Gia Binh mentioned, “FPT believes AI is a pivotal accelerator in shaping the longer term. For greater than a decade, FPT has been actively pursuing AI analysis and improvement to stimulate improvements and has built-in AI into all our providers and options. We additionally invested closely within the coaching and improvement of an AI-ready workforce. The shut partnership with the famend Nationwide College of Singapore may also help us harness AI energy to drive mutual development and success not solely in Singapore and Vietnam however globally.”

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Mr. David Nguyen, FPT Asia Pacific Chief Government Officer, emphasised the strategic significance of the collaboration: “The institution of the AI Lab in Singapore is a cornerstone of our partnership, the place we’ll develop groundbreaking options to handle challenges throughout industries which are essential to the area’s development and international competitiveness similar to healthcare, banking and insurance coverage, logistics and transportation, aviation and airline, vitality and utilities, manufacturing, and extra. By leveraging one another’s experience, we purpose to speed up innovation and drive impactful outcomes domestically, within the Asia-Pacific area, and worldwide.”

Professor Tan Kian Lee, Dean of NUS Computing, mentioned, “This synergistic partnership brings collectively the complementary strengths of NUS Computing and FPT. We purpose to deliver modern AI options to real-world challenges, and on the identical time, contributing to the AI ecosystem in Singapore and globally via the event of a extremely expert AI workforce.”

FPT has over a decade of expertise in AI analysis and improvement. Most just lately, it introduced investments of USD 174 million to determine an AI middle in Binh Dinh, Vietnam, and a plan to take a position USD 200 million to develop an AI manufacturing facility utilising NVIDIA’s superior graphics chips and software program. These AI initiatives are additional boosted by intensive international partnerships with main AI gamers similar to NVIDIA, Touchdown AI, AITOMATIC, and the founding membership of the AI Alliance led by IBM and Meta. The tech agency additionally boasts an AI workforce of over 1,500 engineers, with extra assets of 1,300 FPT College college students majoring in AI yearly. Its AI Residency programme, established in collaboration with Mila Quebec AI Institute, additionally actively cultivates the following generations of AI abilities.

However, NUS boasts sturdy capabilities in AI analysis. The College has solid sturdy connections with authorities companies, business, and worldwide companions via varied AI initiatives. To boost its affect within the AI panorama, NUS launched the NUS AI Institute in March 2024, which focuses on each elementary and utilized analysis in AI, in addition to explores the societal implications of AI.

About FPT Company

FPT Company (FPT) is a globally main expertise and IT providers supplier headquartered in Vietnam. FPT operates in three core sectors: Expertise, Telecommunications, and Training. Throughout over three many years of improvement, FPT has continuously offered sensible and efficient merchandise to tens of millions of individuals and tens of 1000’s of enterprise and non-business organizations worldwide, establishing Vietnam’s place on the worldwide tech map. Maintaining with the newest market developments and rising applied sciences, FPT has developed the Made-by-FPT ecosystem of providers, merchandise, options, and platforms, which allows sustainable development for organizations and companies and gives distinctive experiences to prospects. In 2023, FPT recorded a complete income of USD 2.17 billion and 48,000+ staff. For extra info, please go to https://fpt.com/en

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About Nationwide College of Singapore (NUS)

The Nationwide College of Singapore (NUS) is Singapore’s flagship college, which gives a worldwide strategy to schooling, analysis and entrepreneurship, with a deal with Asian views and experience. We have now 16 faculties, colleges and faculties throughout three campuses in Singapore, with greater than 40,000 college students from 100 international locations enriching our vibrant and numerous campus neighborhood. We have now additionally established greater than 20 NUS Abroad Schools entrepreneurial hubs all over the world.

Our multidisciplinary and real-world strategy to schooling, analysis and entrepreneurship allows us to work carefully with business, governments and academia to handle essential and complicated points related to Asia and the world. Researchers in our schools, analysis centres of excellence, company labs and greater than 30 university-level analysis institutes deal with themes that embody vitality; environmental and concrete sustainability; therapy and prevention of ailments; lively ageing; superior supplies; danger administration and resilience of economic programs; Asian research; and Sensible Nation capabilities similar to synthetic intelligence, information science, operations analysis and cybersecurity.

For extra info on NUS, please go to nus.edu.sg