Trusting Social, a leading Asian fintech AI company, on Thursday announced the launch of its Agent Foundry, a generative AI platform that provides trainable, AI-powered autonomous agents to enterprises.
The Agent Foundry will integrate Microsoft Cloud and AI technologies.
The platform’s soft launch took place during the signing ceremony for the memorandum of understanding (MoU) between Trusting Social and Microsoft in Ho Chi Minh City.
This marks a strategic collaboration to develop a generative AI-based solution tailored for emerging markets, especially Southeast Asia including Vietnam, over the next five years.
Nguyen An Nguyen, CEO of Trusting Social, speaks at the launch of Agent Foundry in Ho Chi Minh City on June 29, 2023. |
At the event, Trusting Social showcased ALICE, a generative AI-powered sales and relationship management agent that helps brands reach out to millions of consumers, ANANSI, a business and data analytics agent, and ALAN, an AGI-based software programming agent.
Foundry agents combine high-level business reasoning with powerful Big Data predictive modeling, vast industry domain knowledge, a wide range of digital skills (from using office applications to advanced data analytics and coding), and enterprises’ rich customer data to assist knowledge workers become more productive.
Foundry agents appeal to enterprises thanks to their design to adhere to high standards for data privacy, security, social sensibility and controllability, their ability to strictly follow business rules, learn on the job, and proactively take actions in a business context with minimal human supervision.
Trusting Social will integrate Microsoft Azure cloud computing platform, services, solutions, and other technologies in connection with data analytics, OpenAI, and cognitive services for an Azure AI project. |
Agent Foundry integrates Azure cloud services, which are secure and open-source friendly, and GitHub Enterprise, the developer and productivity tool under the Microsoft for Startups Founder Hub program.
"Foundry agents aim to help businesses transform themselves in the age of generative AI," said Nguyen An Nguyen, CEO of Trusting Social.
"We are thrilled to bring AGI products to the Vietnamese and Southeast Asian markets.
“Foundry agents empower human workers to focus more on creativity, strategic thinking, decision-making, and human interactions, instead of repetitive, quantitative, and mundane tasks.
“These agents aid humans in problem-solving rather than taking over their jobs as employees' creativity and judgment cannot be replaced.
“We expect a worker to employ dozens of autonomous agents for their daily tasks.
“They will increase the productivity of knowledge workers, lower the cost of servicing mass consumers, and transform the knowledge economy in the region."
Nguyen Quynh Tram, country general manager of Microsoft Vietnam, speaks at the launch of Agent Foundry in Ho Chi Minh City on June 29, 2023. |
Trusting Social aims to serve multiple industries, starting with the financial sector and soon expanding to consumer goods, telecommunications, and professional services.
The launch of Agent Foundry is a significant milestone for Trusting Social, showing its decade-long commitment to advancing AI to enable businesses to serve mass consumers better at lower costs.
At the launching ceremony on Thursday, Trusting Social and Microsoft Vietnam also signed a two-year MoU on collaborative research and development.
As part of the memorandum, both sides will pursuit strategic research, technical development, and go-to-market collaboration.
Trusting Social will integrate Microsoft Azure cloud computing platform, services, solutions, and other technologies in connection with data analytics, OpenAI, and cognitive services for an Azure AI project.
“We look forward to collaborating with Trusting Social to empower world-class financial access for the unbanked users,” said Nguyen Quynh Tram, country general manager of Microsoft Vietnam.
“While AI is a defining technology of our time, we are optimistic that it will benefit the underserved communities in Vietnam and Southeast Asia.”
Trusting Social and Microsoft Vietnam representatives pose for a photo at the launch of Agent Foundry in Ho Chi Minh City on June 29, 2023. |
Last year, Trusting Social was also successfully selected to join the Microsoft for Startups Founders Hub, a new digital and truly inclusive platform for founders in Asia.
Under the program, Trusting Social was provided with free access to Microsoft's technology, tools, and resources to develop its AGI-empowered tools to deliver financial access to all.
Trusting Social delivers AI solutions to leading banks and finance companies, enabling them to provide consumption financing products for underserved consumers at scale.
Today, the company’s credit insights cover more than a billion consumers and are used by more than 180 financial institutions across Vietnam, Indonesia, India, and the Philippines.
Trusting Social is backed by Sequoia Capital, Sherpa, Beenext, Tanglin Ventures, 500 Startups, and Genesis Alternative Ventures.