FPT and Nvidia Forge Alliance: Joint Venture to Establish $200 Million AI Factory

 The comprehensive strategic cooperation agreement between the two parties aims to promote research and application of AI solutions developed by Vietnam to domestic and global customers.

According to the cooperation agreement, FPT will invest 200 million USD to build an Artificial Intelligence Factory (AI Factory), serving AI research and development in Vietnam. This factory will include supercomputer systems using Nvidia's latest H100 Tensor Core GPU graphics chip.


AI Factory will be the leading AI research and development center in Vietnam, providing researchers and businesses with the necessary resources to develop advanced AI solutions, especially Generative AI. AI), helps achieve breakthroughs in improving productivity and customer experience.


FPT joins hands with Nvidia to build a 200 million USD AI factory - 1

Mr. Keith Strier, Vice President of Global AI Initiative of Nvidia, visited the workplace of FPT Smart Cloud, FPT's subsidiary specializing in providing AI and Cloud Computing solutions (Photo: FPT ).


 

 

 

FPT and Nvidia will also cooperate in training high-quality human resources for the field of AI, and promote practical application of AI in different industries.



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In particular, FPT plans to incorporate Nvidia training content into formal teaching at FPT Universities and High Schools, helping to develop high-tech human resources. The Group aims to have at least 30,000 students and pupils have access to this training program within 5 years.


Speaking at the signing ceremony, Mr. Truong Gia Binh, Chairman of the Board of Directors and Founder of FPT, said: "FPT aims to improve technology research and development capacity, establish a comprehensive ecosystem of products and the most advanced services based on AI and Cloud platforms. We are committed to making Vietnam the world's AI development center."


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