Qualcomm has acquired the generated AI department VinaiThis is an AI research company headquartered in Hanoi Announce on Monday.
The move marks Qualcomm’s continued expansion into the AI tool division. Founded by former DeepMind Research Cocients Hung Bui, Vinai develops a range of generated AI technologies, including computer vision algorithms and language models.
“This acquisition underlines our commitment to dedicating the necessary resources to R&D, which makes us the driving force behind the next wave of AI innovation,” Engineering Jilei Hou said in a press release. “By attracting high-quality talent from Vinai, we are enhancing our ability to deliver state-of-the-art AI solutions that will benefit a wide range of industries and consumers.”
Vinai, which started in 2019, focuses mainly on AI-powered automotive products, but has also conducted higher-level AI research. Supported by Vietnamese conglomerate Vingroup, the company has produced solutions for automakers and customers in other vertical industries such as internal monitoring, security and “smart parking” systems.
exist 2023 Forbes interviewBui said Vinai has about 200 employees in startup offices in Hanoi, the United States and Australia.
Bui said he hopes Vinai will contribute to many Qualcomm’s product range, including its software and chips for smartphones, PCs and vehicles. “Our team’s expertise in generating AI and machine learning will help accelerate the development of innovative solutions that can change the way we live and work,” he added in a statement.
According to the above press release, Bui, who serves as CEO of Vinai, will join Qualcomm after the acquisition is over.
Vinai’s acquisition comes the second year after Qualcomm bought Edge Impulse (Edge Impulse of German AI and IoT companies) in early March. Qualcomm CEO Cristiano Amon recent Called Edge AI – AI that can run on devices without data center infrastructure, which is a “headwind” for the technology giant.
