Vietnam's private FPT Corporation has announced a strategic partnership with Sumitomo Corporation and SBI Holdings - Japan’s leading conglomerates in the finance and industrial sectors.

The partnership is aimed at accelerating artificial intelligence (AI) adoption through the FPT AI Factory ecosystem, contributing to the advancement of sovereign AI in Japan.

Under this partnership, Sumitomo and SBI Holdings will each invest 20% in FPT Smart Cloud Japan, a subsidiary of FPT Corporation.

This partnership lays a critical foundation for delivering cutting-edge AI solutions to organizations and enterprises in Japan, expediting AI integration across all aspects of society and supporting the nation’s ambition to become a global AI leader .