Qualcomm announces the acquisition of MovianAI, a generative AI research team, from VinAI, a subsidiary of the Vietnamese conglomerate, Vingroup. The intriguing aspect of this deal lies in Dr. Hung Bui, the founder of VinAI, who previously worked with Google DeepMind, bringing global expertise in AI to the table and now joining forces with Qualcomm under this acquisition. It’s important to note that Qualcomm purchased the research team only, not the entirety of VinAI.
VinAI specializes in developing AI systems for use in automobiles, primarily to support Vingroup’s automotive business, VinFast. This strategic move highlights the commitment to advancing AI technology in the automotive sector within the Vingroup umbrella.
TLDR: Qualcomm acquires MovianAI research team from VinAI, led by Dr. Hung Bui, bringing valuable AI expertise to Qualcomm’s portfolio and reinforcing Vingroup’s focus on AI in automotive applications.
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