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KT, Viettel Sign $94.6 Million AI Technology Partnership

Leading telecommunications companies KT from South Korea and Viettel, Vietnam’s largest telecom operator, have announced a major technology partnership. This significant collaboration is valued at $94.6 million and focuses on advancing artificial intelligence (AI) and cloud technology capabilities in Vietnam.

The agreement outlines a comprehensive effort to leverage KT’s expertise in cutting-edge digital technologies. The partnership aims to enhance Viettel’s infrastructure and services, specifically concentrating on building and operating state-of-the-art data centers and deploying advanced AI platforms.

This strategic alliance is poised to play a crucial role in Vietnam’s ongoing digital transformation. By combining KT’s technological prowess with Viettel’s extensive market presence and local understanding, the companies intend to accelerate the adoption of AI and cloud solutions across various sectors in the country. The initiative is expected to foster innovation, improve operational efficiencies, and support the growth of Vietnam’s digital economy.

The investment highlights the commitment of both companies to expanding their technological footprint and driving forward the development of key digital infrastructures essential for the future. The collaboration represents a significant step towards establishing more robust and intelligent network capabilities and services in Vietnam.

Source: https://www.datacenterdynamics.com/en/news/kt-and-viettel-sign-946m-ai-technology-partnership/

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