AI NewsWaveNaver Cloud and Vietnam's FPT to Jointly Pursue AI Factory and GPUaaS Business
Key points
- Naver Cloud and FPT sign a memorandum of understanding
- Jointly pursue AI factory and GPUaaS business
- Targeting APAC markets including Korea, Japan and Vietnam
Naver Cloud announced on the 12th that it will jointly pursue an AI factory and GPU-as-a-Service (GPUaaS) business with Vietnamese IT company FPT. The two companies recently signed a memorandum of understanding (MOU) at Naver 1784 in Seongnam, Gyeonggi Province, and plan to expand the GPUaaS business across the Asia-Pacific (APAC) market, including Korea, Japan and Vietnam.
The agreement covers the AI factory business as a whole. Tech M and Techworld News reported that the companies agreed to work together on planning, development and operation of the business.
The outlets stressed slightly different points. Chosun Biz reported that the plan is to combine the two companies' technology and customer networks to target companies that need large-scale AI computing resources. IT Chosun wrote that the companies plan to combine their GPU infrastructure and cloud technology to expand the AI infrastructure business in the APAC region, including Vietnam.
Descriptions of FPT also varied. Digital Today and Tech M called it a Vietnamese IT company, while iNews24 and AI Newspaper (인공지능신문) called it Vietnam's leading IT company in their text and Vietnam's largest IT company in their headlines. AI Times described it as a Vietnamese ICT company.