FPT Corporation, a tech giant based in Vietnam, and the National University of Singapore’s School of Computing (NUS Computing) have announced a partnership to advance the field of artificial intelligence (AI).
Together with key local and regional AI players, they plan to jointly invest US$50 million over the next five years to drive pioneering AI research and enhance talent development.
A key focus of this partnership, formalized through a memorandum of understanding, is the establishment of an AI lab that combines the university's research strengths with FPT’s technological expertise.
The new AI lab will advance AI technologies in areas like machine learning, data analytics, natural language processing, and computer vision.
Hosted at NUS Computing, the new AI lab will be part of the university’s dynamic AI ecosystem, collaborating with the NUS AI Institute, which brings together AI researchers and expertise across the university.
The lab’s innovative research projects will focus on AI and automation, emphasizing real-world applications in various industries, such as banking and insurance, logistics and transportation, aviation and airlines, energy and utilities, manufacturing, and more.
In addition, the lab will produce joint research papers, case studies, and white papers for publication in internationally recognized journals and conferences, sharing findings with the academic and business communities.
FPT and NUS Computing will also explore opportunities to commercialize AI-driven solutions, including the joint development of AI products, services, and platforms for global markets.
Talent development is another cornerstone of the partnership.
FPT and NUS Computing will conduct joint programs, such as internships, workshops, training courses, and PhD research opportunities, to nurture AI talents, which will strengthen the technological leadership of both Vietnam and Singapore.
FPT Corporation founder and chairman Truong Gia Binh said, “FPT believes AI is a pivotal accelerator in shaping the future. The close partnership with the renowned National University of Singapore can help us harness AI power to drive mutual growth and success not only in Singapore and Vietnam but globally.”
Professor Tan Kian Lee, dean of NUS Computing, said, “This synergistic partnership brings together the complementary strengths of NUS Computing and FPT. We aim to bring innovative AI solutions to real-world challenges, and at the same time, contribute to the AI ecosystem in Singapore and globally through the development of a highly skilled AI workforce.”
As the flagship university in Singapore, NUS has 16 colleges, faculties, and schools across three campuses in this city-state, with more than 40,000 students from 100 countries.
NUS boasts strong capabilities in AI research.
The university has forged strong connections with government agencies, industry, and international partners through various AI initiatives.
To enhance its influence in the AI landscape, NUS launched its AI Institute in March 2024, which concentrates on both fundamental and applied research in AI, as well as explores the societal implications of AI.
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