Business Wire

FPT-SOFTWARE

Share
FPT and Mila Renew Strategic Partnership, Advancing Responsible AI

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/20230604005100/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

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

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230604005100/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Megaport Surpasses 1,000 Enabled Locations Worldwide7.8.2025 22:00:00 CEST | Press release

Megaport now provides access from 10% of all data centres worldwide, making it the world’s leading Network as a Service provider. Megaport Limited (ASX: MP1) (“Megaport”), the global leading Network as a Service (NaaS) provider, announced today that it has launched its 1,000th Megaport-enabled location. With this milestone, Megaport now provides access from 10% of all public data centres worldwide, making it the world’s leading vendor-neutral NaaS connectivity platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250807394677/en/ With over 1,000 enabled locations, Megaport now provides access from 10% of all data centres worldwide. From its start as a disruptor in the connectivity space, Megaport has now become the go-to solution for IT teams needing fast, flexible, and secure interconnection between cloud services, data centres, and enterprise sites. The Company’s global reach now spans over 160 cities across 26 countrie

Andersen Consulting indgår samarbejdsaftale med Systematix7.8.2025 21:38:00 CEST | Pressemeddelelse

Andersen Consulting styrker sine kompetencer inden for digital transformation og cybersikkerhed med tilføjelsen af samarbejdspartneren Systematix, et førende teknologikonsulentfirma, der er kendt for at levere innovative digitale løsninger, der bidrager til operationel effektivitet, vækst og konkurrencemæssige fordele. Systematix blev stiftet i 1975 og tilbyder komplette konsulent- og implementeringstjenester inden for digital transformation, udvikling af virksomhedsapplikationer, ERP, forretningsanalyse, it-strategi og cybersikkerhed. Med hundredvis af erfarne konsulenter og teknologer hjælper Systematix deres kunder med at navigere i komplekse forretningsmæssige udfordringer ved hjælp af nye teknologier og tilbyder skalerbare løsninger til en række robuste brancher, herunder finanssektoren, sundhedsvæsenet, produktionsvirksomheder og organisationer i den offentlige sektor. "I de sidste fem årtier har vi opbygget et omdømme for at levere robuste teknologiløsninger og ressourcer, der h

Lyten to Acquire All Remaining Northvolt Assets in Sweden and Germany7.8.2025 18:24:00 CEST | Press release

Lyten, the global leader in lithium-sulfur batteries, announced it has entered into binding agreements to acquire Northvolt Ett and Ett Expansion, Northvolt Labs, Northvolt Drei, and all remaining Northvolt intellectual property (IP). These newly acquired assets were previously valued at approximately $5B and include 16 GWh of operational battery production capacity and over 15 GWh under construction. Lyten has expressed interest in additionally acquiring Northvolt Six in Quebec, Canada. Lyten plans to restart operations at Northvolt Ett and Northvolt Labs upon close of the transaction, which is being fully funded with equity investment. Lyten, the global leader in lithium-sulfur batteries, announced today that it has entered into a binding agreement to acquire Northvolt’s remaining assets in Sweden and Germany. The acquisition includes Northvolt Ett and Ett Expansion (Skellefteå, Sweden), Northvolt Labs (Västerås, Sweden), and Northvolt Drei (Heide, Germany). Additionally, Lyten is ac

Energy Vault Secures Final FIRB Approval and Completes Acquisition of 125 MW/1,000 MWh Stoney Creek BESS in Australia7.8.2025 15:15:00 CEST | Press release

Stoney Creek represents first acquisition in Australia as part of Energy Vault’s global “Own & Operate” portfolio and reinforces long-term commitment to Australia’s energy transition125 MW/1,000 MWh Stoney Creek BESS set to support grid reliability and flexibility while advancing the energy transition in New South Wales, supported by a 14-year offtake agreementStoney Creek is Energy Vault’s third and largest Energy Storage Asset in the portfolio, following the successful completion of the Cross Trails BESS in Texas and Calistoga Resiliency Center in California, and is expected to deliver ~$30 million in combined annual, recurring EBITDA for the next 15+ years Energy Vault Holdings, Inc. (NYSE: NRGV) ("Energy Vault"), a global leader in grid-scale energy storage solutions, today announced it has received Foreign Investment Review Board (FIRB) approval and completed the full acquisition of the Stoney Creek Battery Energy Storage System (BESS) project in Northern New South Wales. The 125

Museum Centre Vapriikki:Ancient DNA Reveals 800-year-old Family Link in Medieval Finland7.8.2025 14:05:00 CEST | Press release

Ancient DNA research led by the Museum Centre Vapriikki in Tampere, Finland, in collaboration with the universities of Turku and Helsinki, has produced new insights into kinship, health, and population continuity in medieval and early modern Finland. Published in the peer-reviewed journal iScience, the research presents results from 25 individuals in Finland – a significant result in a country where acidic soils often lead to poor preservation of bones and genetic material. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250807066724/en/ The woman’s grave in Vilusenharju, Tampere was discovered in 1962, and the man’s grave in Ristiänmäki, Pälkäne in 1982. Ancient DNA research has now revealed that the deceased were siblings. Illustrations by Veronika Paschenko. Photo by Vapriikki. Researchers successfully recovered DNA from individuals buried between the 12th and 19th centuries at three cemeteries in the Tampere region. The s

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye