Vietnam's FPT To Invest $200 Millon In AI Factory Using Nvidia Chips

Vietnam FPT Headquarter

 The tech giant FPT is making a massive investment in the future of artificial intelligence (AI) with a brand new $200 million "AI factory" built in partnership with world-renowned chipmaker Nvidia. This ambitious project aims to transform Vietnam into a hub for AI innovation and adoption.

What is an AI Factory?

Imagine a one-stop shop for everything AI. That's the concept behind the AI factory. It will provide Vietnamese businesses with the tools and resources they need to develop and deploy AI solutions. This includes cutting-edge AI products, powerful Nvidia GPUs for processing massive datasets, and a team of tech experts to guide them through the process.

Boosting Vietnam's AI Ambitions

This project is a major step forward for Vietnam's goal of becoming a leader in AI. FPT isn't just building infrastructure; they're also investing in the future workforce. They plan to collaborate with Nvidia to train up to 30,000 students in AI within the next five years, building a strong talent pool for the future of Vietnamese AI.

Focus on Cutting-Edge AI

The AI factory will focus on some of the most exciting areas of AI development, including:

• Generative AI: This field of AI allows computers to create entirely new content, from images and music to text and code.
• Autonomous Vehicles: The AI factory will support the development of self-driving cars and other autonomous vehicles.
• Sustainable Technologies: AI can play a crucial role in developing solutions for environmental challenges.

A Win-Win Partnership

This partnership is a win-win for both FPT and Nvidia. FPT gains access to Nvidia's cutting-edge technology and expertise, while Nvidia expands its reach into the growing Vietnamese tech market.

The future of AI is bright in Vietnam, and the AI factory is poised to be a major driver of innovation in the years to come. With this investment, Vietnam is making a bold statement about its commitment to becoming a global leader in artificial intelligence.

As part of the collaboration, FPT has joined the NVIDIA Partner Network as a Service Delivery Partner and aims to become a Global Systems Integrator, leveraging the full potential of NVIDIA's cutting-edge products and technologies to develop cloud services, hardware, software, and most importantly, generative AI solutions. Prioritizing three key verticals, including automotive, manufacturing, banking, financial services, and insurance, FPT will offer end-to-end generative AI services, empowering businesses to unlock the next level of productivity and automation. The integrations will enhance FPT’s AI Labs while introducing new software frameworks.

About FPT Corporation👇

 

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2023, FPT recorded a total revenue of USD 2.17 billion and 48,000+ employees. For more information, please visit https://fpt.com/en.