Qualcomm expands generative AI capabilities with acquisition of VinAI division

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The United States-based chipmaker Qualcomm has on Wednesday announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI), the former generative AI division of VinAI Application and Research JSC (VinAI) and a part of the Vingroup ecosystem.

Qualcomm said in a statement that combining VinAI’s advanced generative AI research and development (R&D) capabilities with the firm’s decades of extensive R&D will expand its ability to drive extraordinary inventions.

As a leading AI research company, VinAI is renowned for its expertise in generative AI, machine learning, computer vision, and natural language processing.

For more than 20 years, Qualcomm has been working closely with the Vietnamese technology ecosystem to create and deliver innovative solutions.

Qualcomm’s innovations in the areas of 5G, AI, internet of things (IoT) and automotive have helped to fuel the extraordinary growth and success of Vietnam’s information and communication technology (ICT) industry and assisted the entry of Vietnamese companies into the global marketplace.

“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,” said Jilei Hou, senior vice president of engineering, Qualcomm Technologies, Inc.

“By bringing in high-caliber talent from VinAI, we are strengthening our ability to deliver cutting-edge AI solutions that will benefit a wide range of industries and consumers,” he added.

Led by Dr. Hung Bui, formerly of Google DeepMind, VinAI’s generative AI team is a powerhouse of expertise in AI—from world-class research that pushes the boundaries of what’s possible to customized AI models and engineering.

“We are ready to contribute to Qualcomm’s mission of making breakthroughs in fundamental AI research and scale them across industries, including smartphones, personal computers (PCs), software-defined vehicles, and more,

“Our team’s expertise in generative AI and machine learning will help accelerate the development of innovative solutions that can transform the way we live and work,” said Dr. Hung Bui, Founder and Chief Executive Officer, VinAI.

 

#Qualcomm #VinAI #AI #MachineLearning #TechAcquisition

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