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Qualcomm acquires generative AI division of Vietnamese startup VinAI

Qualcomm has acquired the generative AI division of VinAI, an AI research company headquartered in Hanoi, for an undisclosed amount.

VinAI, which was founded by former DeepMind research scientist Hung Bui, develops a range of generative AI technologies, including computer vision algorithms and language models. “This acquisition underscores our commitment to dedicating the necessary resources to R&D that makes us the driving force behind the next wave of AI innovation,” Qualcomm SVP of Engineering Jilei Hou said in a press release. Backed by VinGroup, a Vietnamese conglomerate, the company creates solutions like in-cabin monitoring, security, and “smart parking” systems for carmakers and customers in other verticals.

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