29 October 2024 | News
Areas of collaboration include setting up a state-of-the-art AI Lab, advancing AI innovation and training AI professionals
The National University of Singapore's School of Computing (NUS Computing) has entered into a partnership with FPT, a leading global technology corporation based in Vietnam, to advance the field of artificial intelligence (AI).
This collaboration plans a joint investment of $50 million, to be contributed by FPT, NUS, and other key players in the local and regional AI ecosystems over the next five years, aiming to drive pioneering research in AI and enhance talent development.
This partnership will not only strengthen FPT's capacity to commercialise AI solutions and improve its R&D capabilities but also foster the development of top-tier AI workforce, thereby enhancing its competitive advantage in the Asia Pacific (APAC) region and beyond.
A key focus of this partnership is the establishment of a state-of-the-art AI Lab. Combining the strengths of NUS’ research and FPT’s industry expertise, the new AI Lab will accelerate cutting-edge research in diverse domains of AI, including machine learning, data analytics, natural language processing, and computer vision, benefiting Singapore, the Asia Pacific region, and beyond.
David Nguyen, FPT Asia Pacific Chief Executive Officer, emphasised the strategic significance of the collaboration, "The establishment of the AI Lab in Singapore is a cornerstone of our partnership, where we will develop groundbreaking solutions to address challenges across industries that are critical to the region’s growth and global competitiveness such as healthcare, banking and insurance, logistics and transportation, aviation and airline, energy and utilities, manufacturing, and more."