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FPT and Mila Renew Strategic Partnership, Advancing Responsible AI

2023-06-05 10:26
MONTREAL--(BUSINESS WIRE)--Jun 4, 2023--
FPT and Mila Renew Strategic Partnership, Advancing Responsible AI

MONTREAL--(BUSINESS WIRE)--Jun 4, 2023--

FPT, Vietnam’s largest IT service provider, and Mila, Quebec Artificial Intelligence Institute, announced the renewal of a three-year strategic partnership agreement.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230604005002/en/

FPT-Mila partnership agreement renewal ceremony took place within Canada-Vietnam AI Summit (Montreal, June 02, 2023) (Photo: Business Wire)

As part of this continued commitment, FPT and Mila will explore collaboration on research projects related to large language models (LLMs) and natural language processing (NLP) while promoting Responsible AI, an approach to employ artificial intelligence with good intentions to empower people and organizations. Both sides will contribute to developing guidelines, best practices, and ethical standards that will promote transparency, fairness, accountability, and privacy in AI applications. The continued partnership seeks to solve complex problems and pioneer an AI ecosystem that fosters sustainable growth, human development, and social progress.

The partnership expansion was introduced at the Canada - Vietnam AI Summit, commemorating the 50th anniversary of the two countries' bilateral relationship. An overview of an AI-enabled future and efforts to make technology beneficial and safe for human lives were discussed among conference participants, including members of the Canadian and Vietnamese governments, scientists, leaders from Mila, FPT, and FPT’s partners in North America.

FPT Chairman Dr. Truong Gia Binh said: “As a global IT company, FPT aspires to harness Artificial Intelligence's power for a safer, better, and happier world."

Since the beginning of the partnership in June 2020, FPT and Mila have collaborated on multiple research projects on causality, language models, voice coding, and more.

"The Mila community has benefited greatly from our relationship with FPT over the past three years, which has resulted in the realization of many projects," said Yoshua Bengio, Mila’s Founder and Scientific Director. "We are delighted to continue our collaboration with FPT, one of our major partners in Asia, which is a great example of Mila's international impact."

FPT Software, a global IT services provider in the FPT ecosystem, has contributed significantly to the corporation’s AI uptake efforts with several R&D and talent development initiatives.

"As Mila’s first partner in Southeast Asia, we are proud to collaborate in core research areas such as healthcare, environment, climate change, and AI ethics to deliver positive impacts on enterprises and society," said Dr. Phong Nguyen, FPT Software’s Chief Artificial Intelligence Officer.

"The partnership enables FPT Software to expand opportunities for Vietnamese engineers to access the world's latest breakthroughs and inventions as well as use their knowledge, talent, and creativity to contribute to the growth of Vietnam as a world-class AI hub," Phong added.

With strategic consultation from Mila, FPT has established the first and largest AI Research Hub in Quy Nhon, Vietnam. With an investment of over $85 million, the complex will be a research, development, and learning facility for 20,000 tech personnel. Since 2013, FPT has made significant expenditures in people, facilities, infrastructure, data, and research to strengthen its AI capabilities. The corporation now boasts an ecosystem of AI-enabled products and services with over 200 million monthly end-users, and plans to integrate AI into all offerings to provide an unparalleled experience to its customers.

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 over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of 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 40,000+ employees. For more information, please visit https://fpt.com.vn/en

ABOUT FPT SOFTWARE

FPT Software, a subsidiary of FPT Corporation, is a global technology and IT services provider headquartered in Vietnam, with $803 million in revenue and over 27,000 employees in 27 countries. As a pioneer in digital transformation, FPT Software delivers world-class services in Advanced Analytics, AI, Digital Platforms, Cloud, IoT, Hyperautomation, Low-code, and so on. The company has served over 1,000+ customers worldwide, 89 of which are Fortune Global 500 companies in Aerospace & Aviation, Automotive, Banking, Financial Services and Insurance, Healthcare, Logistics, Manufacturing, Utilities, and more. For more information, please visit https://fptsoftware.com/

ABOUT MILA

Founded by Professor Yoshua Bengio of the University of Montreal, Mila is an artificial intelligence research institute that brings together over 1,000 researchers specializing in machine learning. Based in Montreal, Mila’s mission is to be a global hub for scientific advances that inspire innovation and development of AI for the benefit of all. Mila is a non-profit organization recognized worldwide for its significant contributions to the field of deep learning, particularly in language modeling, machine translation, object recognition, and generative models. For more information, visit mila.quebec

View source version on businesswire.com:https://www.businesswire.com/news/home/20230604005002/en/

CONTACT: Mai Duong (Ms.)

FPT Software

PR Manager

MCP.PR@fpt.com

https://www.fptsoftware.com/newsroom/

KEYWORD: NORTH AMERICA CANADA ASIA PACIFIC

INDUSTRY KEYWORD: DATA MANAGEMENT IOT (INTERNET OF THINGS) TECHNOLOGY SOFTWARE NETWORKS ARTIFICIAL INTELLIGENCE

SOURCE: FPT Software

Copyright Business Wire 2023.

PUB: 06/04/2023 10:00 PM/DISC: 06/04/2023 10:00 PM

http://www.businesswire.com/news/home/20230604005002/en