FPT launches $174 million AI project in Vietnam
Developed with FPT City Danang, FPT Investment, and FPT Software, the project spans 93.24 hectares and includes an AI centre, an education zone, and a supporting urban zone.
Vietnam’s leading tech firm, FPT Corporation, has embarked on a $174 million AI project in Binh Dinh province, marking its latest advancement in the AI sector. The initiative, launched in collaboration with FPT City Danang, FPT Investment, and FPT Software, spans 93.24 hectares and will feature a state-of-the-art AI centre, an educational facility, and a supporting urban zone.
The AI centre will focus on several key areas: research, software development, digital transformation, and cybersecurity solutions. This new development would mark FPT’s commitment to expanding its role in the AI industry.
As Vietnam‘s most valuable tech company with a market capitalisation of $7.7 billion, FPT offers a broad range of AI, cloud computing, and big data services. Last year, the company reported revenues surpassing $2 billion.
In addition to this latest venture, FPT announced plans in April to invest $200 million in an AI factory utilising Nvidia’s advanced graphics chips and software, further highlighting its ongoing investment in cutting-edge technology.
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