FPT Announces Strategic Partnership with Landing AI, Advancing Artificial Intelligence Development and Education

HANOI, Vietnam--(BUSINESS WIRE)--FPT, global technology firm headquartered in Vietnam, and Landing AI, the US's leading computer vision platform and artificial intelligence (AI) software company, today 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. 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. This plan builds on an earlier agreement between Landing AI and FPT’s subsidiary FPT Software initiated in 2022 to leverage their relative AI expertise to deploy end-to-end visual inspection solutions across Asia.

FPT Software and Landing AI will explore the potential of opening a dedicated engineering centre 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 CEO and Time Magazine’s Top 100 Most Influential People in AI - 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.

Dr. Andrew Ng, Founder and CEO of Landing AI said: “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. 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.”

Commenting on the partnership, FPT Chairman Dr. Truong Gia Binh highlighted: “This collaboration will open up a new era for AI development in Vietnam and bring new opportunities for our country’s future generations to excel in high-tech fields. 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.”

Dr. Phong Nguyen, FPT Software Chief Artificial Intelligence Officer, said: “This is an exciting moment for FPT and Landing AI as we 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.”

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. FPT 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. The firm’s AI platform FPT.AI was recently recognized as Best AI Platform in 2023 by the international research institution Software Reviews.

The partnership announcement ceremony took place at FPT Techday - the firm’s annual technology event that brings together leading experts and business leaders to share their visions and drive innovations for the enterprises, governments and the wider community.

About FPT

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 35 years of development, FPT has constantly provided practical and effective products to millions of people and 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 2022, FPT recorded total revenue of US$1.87 billion and 60,000+ employees. For more information, please visit https://fpt.com.vn/en

About Landing AI

Landing AI™ is pioneering the next era of AI in which companies with limited data sets can realize the business and operational value of AI. 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. Founded by Andrew Ng, co-founder of Coursera, and founding lead of Google Brain, Landing AI is uniquely positioned to lead AI from a technology that benefits a few to a technology that benefits all. For more information, visit Landing.ai.