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 enlargement into the AI tooling sector. VinAI, which was based by former DeepMind analysis scientist Hung Bui, develops a spread 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 drive behind the following wave of AI innovation,” Qualcomm SVP of Engineering Jilei Hou stated 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 “sensible parking” methods for carmakers and clients in different verticals.
In a 2023 interview with Forbes, Bui stated that VinAI had round 200 workers unfold throughout the startup’s workplaces in Hanoi, the U.S., and Australia.
Bui stated that he expects VinAI will contribute to numerous Qualcomm’s product households, together with its software program and chips for smartphones, PCs, and automobiles. “Our crew’s experience in generative AI and machine studying will assist speed up the event of progressive options that may rework the best way we stay and work,” he added in an announcement.
Bui, who serves as VinAI’s CEO, will be part of Qualcomm following the shut of the acquisition, in keeping with the aforementioned press launch.
The VinAI acquisition is Qualcomm’s second this yr following its buy of Edge Impulse, a German AI and Web of Issues firm, in early March. Qualcomm CEO Cristiano Amon not too long ago 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.
