HANOI — Vietnamese information technology company FPT is on an acquisition offensive in the U.S., becoming a major investor in artificial intelligence startup Landing AI as it aims to increase annual revenue in the country to $1 billion by 2030.

“This collaboration will open up a new era for AI development in Vietnam and bring new opportunities for our country’s future generations to excel in high-tech fields,” FPT Chairman Truong Gia Binh said in a late-October news release announcing the Landing AI investment.

Read More