Qualcomm acquired the AI of the AI of VinaiA research company on AI whose headquarters are in Hanoi, for an undisclosed amount, companies announcement Monday.
This decision marks the continuous expansion of Qualcomm in the IA tool sector. Vinai, founded by the former researcher of Deepmind Hung Bui, is developing a range of AI generating technologies, including computer vision algorithms and language models.
“This acquisition underlines our commitment to devote the resources necessary for R&D which makes us the engine of the next Wave of Innovation of the AI,” said SVP Qualcomm of Jilei Hou engineering in a press release. “By providing high caliber talents from Vinai, we strengthen our ability to provide cutting -edge AI that will benefit a wide range of industries and consumers.”
Vinai, which Bui started in 2019, mainly focuses on automotive products powered by AI, but also conducts higher level AI research. Supported by twentyroup, a Vietnamese conglomerate, the company creates solutions such as cabin surveillance, safety and “intelligent parking” for car manufacturers and customers in other vertical sectors.
In a 2023 Interview with ForbesBui said Vinai had around 200 employees distributed in the startup offices in Hanoi, the United States and Australia.
Bui said he expects Vinai to contribute to a number of quality families from Qualcomm, including her software and chips for smartphones, PCs and vehicles. “The expertise of our team in generative AI and automatic learning will help accelerate the development of innovative solutions that can transform our way of living and working,” he added in a press release.
Bui, who is CEO of Vinai, will join Qualcomm after the end of the acquisition, according to the aforementioned press release.
The acquisition of Vinai is the second this year of Qualcomm after its purchase of Edge Impulse, a German company from AI and the Internet of Things in early March. CEO of Qualcomm Cristiano Amon recently Called Edge AI – AI which can work on devices without the need for data center infrastructure – a “rear wind” for the technology giant.