FPT, a Vietnam-based technology firm, and Landing AI, a United States-based computer vision platform and artificial intelligence (AI) software company, have on Tuesday announced a strategic relationship that will drive the application and education of AI.
The partnership, inaugurated at the FPT Techday 2023 event in Hanoi, Vietnam, sees FPT becoming one of Landing AI’s major investors and a strategic partner in Asia Pacific, the duo said in a statement on Tuesday.
According to the statement, this partnership is expected to mark important advancement in AI collaboration between Vietnam and the United States.
To promote the application of AI, FPT and Landing AI will explore and develop untapped market opportunities through specific projects, such as implementing computer vision solutions for automotive, manufacturing, healthcare, and education, among many others, leveraging Landing AI’s strong experience in these areas in the North American market and FPT’s broad network in Asia-Pacific region.
FPT Software and Landing AI will explore the potential of opening a dedicated engineering center in Vietnam to develop high-quality workforce in AI and create job opportunities for both companies.
At the same time, Dr. Andrew Ng – Landing AI’s Founder and Chief Executive Offier – will collaborate with FPT Education – FPT’s private, industry targeted education system – as advisor in AI development to create a comprehensive AI curriculum for students from grade 1 to grade 12.
“I am impressed by the vision and capabilities of FPT in solving complex industry challenges through technology, as well as FPT’s commitment to education,” said Ng.
According to him, FPT not only demonstrates its expertise but highlights Vietnam’s potential as a growing digital hub.
“There is tremendous optimism about what we could achieve together for the future generations driven by AI innovations,” he said.
“AI is also one of key areas of cooperation between Vietnam and the United States. I believe FPT – Landing AI partnership marks an important step forward in this collaboration between the two nations,” he added.
Dr. Phong Nguyen, FPT Software Chief Artificial Intelligence Officer, also said that this is an exciting moment for FPT and Landing AI as they share the same ambition of developing breakthrough industrial AI solutions in the era of generative AI.
“The synergy of our capabilities will accelerate the delivery of innovations for many industries,
“Together we will bring world-class AI education to Vietnam as well as help create a world-class AI powerhouse in the region,” he said.
FPT is a globally leading technology and information technology (IT) services provider that operates in three core sectors: technology, telecommunications, and education.
In 2022, the firm recorded total revenue of $1.87 billion and 60,000+ employees.
It is noted that FPT considers AI a spearhead to the digital transformation strategy of Vietnam and globally, and has been focusing on enhancing this capability comprehensively in terms of workforce, research and development, facilities and partnership.
The firm is one of the founding partners in Open Source AI Alliance led by IBM, Meta, Intel and Dell and has strategic AI partners, including tech giants and world-renowned AI institute Mila.
The corporation boasts an AI workforce of 500 experts and 50 with PHDs/masters, and an ecosystem of 20+ AI-enabled products and services with over 200 million monthly end-users per month, and plans to integrate AI into all its offerings to provide an unparalleled experience for its customers.
Guided by a data-centric AI approach, Landing AI’s flagship product is LandingLens™, an enterprise MLOps platform that builds, iterates and operationalizes AI-powered visual inspection solutions for manufacturers.
With data quality key to the success of production AI systems, LandingLens™ enables optimal data accuracy and consistency.