17:30 30/06/2023

Trusting Social brings AI-powered agents to enterprises, backed by Microsoft Cloud and AI technologies

Ngoc Lan

Generative AI platform launched providing trainable, AI-powered autonomous agents to enterprises.

Trusting Social, a leading Asian fintech AI company, has announced the launch of its Agent Foundry, a generative AI platform that provides trainable, AI-powered autonomous agents to enterprises.

Agent Foundry will integrate Microsoft Cloud and AI technologies.

The platform’s soft launch took place during the signing ceremony of an MoU between Trusting Social and Microsoft. This marks a strategic cooperative effort to develop a generative AI-based solution tailored for emerging markets, especially Southeast Asia, including Vietnam, over the next five years.

At the launch, Trusting Social showcased ALICE, a generative AI-powered sales and relationship management agent that helps brands reach out to millions of consumers, ANANSI, a business and data analytics agent, and ALAN, an AGI-based software programming agent.

Foundry Agents combine high-level business reasoning with powerful big data predictive modeling, vast industry domain knowledge, a wide range of digital skills (from using office applications to advanced data analytics and coding), and enterprises’ rich customer data to assist knowledge workers become more productive.

They appeal to enterprises thanks to their design for high standards in data privacy, security, social sensibility and controllability, their ability to strictly follow business rules, learn on the job, and proactively take action in a business context with minimal human supervision.

Agent Foundry integrates Azure cloud services, which is secure and open source friendly, and GitHub Enterprise, the developer and productivity tool under the Microsoft for Startups Founder Hub program.

“Foundry Agents aim to help businesses transform themselves in the Age of generative AI,” said CEO of Trusting Social Nguyen An Nguyen. “We are thrilled to bring AGI products to the Vietnam and Southeast Asian markets. Foundry Agents empower human workers to focus more on creativity, strategic thinking, decision-making, and human interactions, instead of repetitive, quantitative, and mundane tasks. These Agents aid humans in problem-solving rather than taking over their jobs as employees’ creativity and judgment cannot be replaced. We expect a worker to employ dozens of autonomous agents for their daily tasks. They will increase the productivity of knowledge workers, lower the cost of servicing mass consumers, and transform the knowledge economy in the region.”

Trusting Social aims to serve multiple industries, starting with the financial sector and soon expanding to consumer goods, telecommunications, and professional services.

The launch of Agent Foundry is a significant milestone for Trusting Social, showing its decade-long commitment to advancing AI to enable businesses to serve mass consumers better with lower costs.

At the launch ceremony, Trusting Social and Microsoft Vietnam also signed a two-year MoU on cooperative research and development. As part of the MoU, both sides will pursue strategic research, technical development, and go-to-market cooperation.

Trusting Social will integrate Microsoft Azure cloud computing platform, services, solutions, and other technologies in connection with data analytics, OpenAI, and cognitive services for an Azure AI project.

“We look forward to cooperating with Trusting Social to empower world-class financial access for the unbanked users,” said Ms. Nguyen Quynh Tram, Country General Manager of Microsoft Vietnam. “While AI is a defining technology of our time, we are optimistic that it will benefit underserved communities in Vietnam and Southeast Asia.”

Last year, Trusting Social was also successfully selected to join the Microsoft for Startups Founders Hub, a new digital and truly inclusive platform for Founders in Asia. Under the program, Trusting Social was provided free access to Microsoft’s technology, tools, and resources to develop its AGI-empowered tools to deliver financial access for all.

Trusting Social delivers artificial intelligence solutions to leading banks and finance companies, enabling them to provide consumption financing products to under-served consumers at scale. Today, Trusting Social’s credit insights cover more than a billion consumers and are used by more than 180 financial institutions across Vietnam, Indonesia, India, and the Philippines. Trusting Social is backed by Sequoia Capital, Sherpa, Beenext, Tanglin Ventures, 500 Startups, and Genesis Alternative Ventures.