Qualcomm has acquired the generative AI division of VinAI, an AI analysis firm headquartered in Hanoi, for an undisclosed quantity, the businesses introduced on Monday.
The transfer marks Qualcomm’s continued growth into the AI tooling sector. VinAI, which was based by former DeepMind analysis scientist Hung Bui, develops a variety of generative AI applied sciences, together with pc imaginative and prescient algorithms and language fashions.
“This acquisition underscores our dedication to dedicating the mandatory sources to R&D that makes us the driving pressure behind the following wave of AI innovation,” Qualcomm SVP of Engineering Jilei Hou mentioned in a press launch. “By bringing in high-caliber expertise from VinAI, we’re strengthening our capability to ship cutting-edge AI options that may profit a variety of industries and customers.”
VinAI, which Bui began in 2019, primarily focuses on AI-powered automotive merchandise, but additionally conducts higher-level AI analysis. Backed by VinGroup, a Vietnamese conglomerate, the corporate creates options like in-cabin monitoring, safety, and “good parking” techniques for carmakers and prospects in different verticals.
In a 2023 interview with Forbes, Bui mentioned that VinAI had round 200 workers unfold throughout the startup’s places of work in Hanoi, the U.S., and Australia.
Bui mentioned that he expects VinAI will contribute to various Qualcomm’s product households, together with its software program and chips for smartphones, PCs, and autos. “Our crew’s experience in generative AI and machine studying will assist speed up the event of modern options that may remodel the best way we stay and work,” he added in an announcement.
Bui, who serves as VinAI’s CEO, will be a part of Qualcomm following the shut of the acquisition, in response to the aforementioned press launch.
The VinAI acquisition is Qualcomm’s second this 12 months following its buy of Edge Impulse, a German AI and Internet of Things firm, in early March. Qualcomm CEO Cristiano Amon lately referred to as edge AI — AI that may run on units with out the necessity for knowledge middle infrastructure — a “tailwind” for the tech big.
