Qualcomm announced on Monday that it had acquired the generative AI division of VinAI, an AI research firm based in Hanoi, for an undisclosed sum. This acquisition highlights Qualcomm’s ongoing push into the AI tools market. Founded by former DeepMind research scientist Hung Bui, VinAI specializes in various generative AI technologies, such as 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. “By bringing in high-calibre talent from VinAI, we are strengthening our ability to deliver cutting-edge AI solutions that will benefit a wide range of industries and consumers.”
Founded by Bui in 2019, VinAI primarily concentrates on AI-driven automotive products while engaging in advanced AI research. Supported by VinGroup, a Vietnamese conglomerate, the company develops in-cabin monitoring, security, and “smart parking” systems for automakers and clients in other industries.
Bui said that he expects VinAI to contribute to several of Qualcomm’s product families, including its software and chips for smartphones, PCs, and vehicles. “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,” he added in a statement.
According to the press release, Bui, the CEO of VinAI, will join Qualcomm after the acquisition is finalized.
This acquisition of VinAI marks Qualcomm’s second purchase this year, following its acquisition of Edge Impulse, a German AI and IoT company, in early March. Qualcomm CEO Cristiano Amon recently described edge AI—AI that operates on devices without relying on data centre infrastructure—as a “tailwind” for the company.
