Qualcomm Acquires MovianAI: A Strategic Move to Boost AI Capabilities

Qualcomm acquires generative AI division of Vietnamese startup VinAI | TechCrunch

The move marks Qualcomm's continued expansion into the AI tooling sector. VinAI, which was founded by former DeepMind research scientist Hung Bui, develops a range of generative AI technologies, including 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-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." VinAI, which Bui started in 2019, primarily focuses on AI-powered automotive products, but also conducts higher-level AI research. Backed by VinGroup, a Vietnamese conglomerate, the company creates solutions like in-cabin monitoring, security, and "smart parking" systems for carmakers and customers in other verticals. In a 2023 interview with Forbes, Bui said that VinAI had around 200 employees spread across the startup's offices in Hanoi, the U.S., and Australia. Bui said that he expects VinAI will contribute to a number 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. Bui, who serves as VinAI's CEO, will join Qualcomm following the close of the acquisition, according to the aforementioned press release. The VinAI acquisition is Qualcomm's second this year following its purchase of Edge Impulse, a German AI and internet of things company, in early March. Qualcomm CEO Cristiano Amon recently called edge AI -- AI that can run on devices without the need for data center infrastructure -- a "tailwind" for the tech giant.

Qualcomm acquires Vingroup's AI division for talents

According to a press release, Qualcomm has acquired MovianAI, the former generative AI division of VinAI, which is part of the Vingroup. This acquisition will enhance Qualcomm's R&D capabilities, potentially fostering significant innovations. Qualcomm said VinAI is known for its expertise in generative AI, machine learning, computer vision, and natural language processing. The company added that for over two decades, it has collaborated with Vietnam's tech ecosystem, contributing to advancements in 5G, AI, IoT, and automotive sectors, which have spurred growth in Vietnam's ICT industry and supported local companies' entry into global markets. Jilei Hou, senior vice president of engineering at Qualcomm Technologies, Inc., stated, "This acquisition highlights our commitment to R&D, positioning us as a leader in AI innovation. By integrating top talent from VinAI, we enhance our capability to deliver advanced AI solutions across various industries and for consumers." Hung Bui, founder and CEO of VinAI and a former Google DeepMind scientist, expressed readiness to support Qualcomm's mission in advancing AI research across various industries, including smartphones and software-defined vehicles. He noted that his team's expertise in generative AI and machine learning will drive the development of transformative solutions. Established foundation In 2019, Vingroup established VinAI, a machine-learning lab focused on AI development in sectors like autonomous vehicles, healthcare, and consumer services. In 2021, Nvidia's blog highlighted Vingroup as the first Southeast Asian company to install the Nvidia DGX SuperPOD AI supercomputer. This system significantly boosts VinAI's data processing capabilities, particularly for developing level 3 autonomous driving for VinFast, Vingroup's automotive arm. The DGX SuperPOD is projected to accelerate AI model training tenfold, allowing daily updates using real-world data from vehicles in the US and Europe. Collaborative innovations VinAI and Qualcomm launched GuardPro in 2023, an AI-powered system for safety and compliance monitoring in smart cities. GuardPro uses AI and computer vision to analyze up to 150 camera streams per AI accelerator, detecting non-compliance and security issues in real-time for residential and commercial buildings.

Qualcomm acquires MovianAI to bolster its AI capabilities - SiliconANGLE

Qualcomm Technologies Inc. today announced that it has acquired MovianAI, a Vietnamese artificial intelligence developer. MovianAI is the generative AI arm of VinAI Application and Research JSC, a machine learning research lab. VinAI, in turn, is a unit of Vingroup, one of Vietnam's largest conglomerates. The latter company operates hotels, manufactures cars and competes in several other markets. "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," said Jilei Hou, Qualcomm's senior vice president of engineering. VinAI, MovianAI's parent organization, is led by former DeepMind research scientist Hung Bui. It has published multiple papers on generative AI since launching in 2019. VinAI has also uploaded dozens of open-source projects to GitHub. About two years ago, VinAI researchers presented a new approach to building image generation models. The technique involves using an existing image generation model to train a smaller algorithm that can perform the same tasks using less hardware. According to VinAI, the technology reduces the need for training data and thereby eases development. Besides new machine learning techniques, the lab has also developed several open-source AI models. One of its image generation algorithms combines three different neural network designs: the diffusion, Transformer and Mamba architectures. Mamba is a relatively new alternative to the Transformer architecture that can be more hardware-efficient in certain situations. VinAI's research efforts also extend beyond image generation. It has developed a custom large language model, RecGPT-7B, that is optimized for recommendation generation tasks. "We are ready to contribute to Qualcomm's mission of making breakthroughs in fundamental AI research and scale them across industries, including smartphones, PCs, software-defined vehicles, and more," said VinAI CEO Hung Bui, who is joining the chipmaker as part of the deal. MovianAI's model development expertise could help Qualcomm enhance its suite of AI development tools. Those tools make it easier for companies to deploy machine learning applications on devices powered by the chipmaker's processors. Qualcomm provides a library of preconfigured AI models optimized to run on its silicon. Those algorithms remove the need for companies to train new algorithms from scratch, which speeds up development. For software teams that nevertheless wish to build custom models, Qualcomm provides tools that help optimize those models' performance. The MovianAI deal comes less than a month after the chipmaker acquired Edge Impulse Inc., another AI development specialist. The latter company's software makes it easier to build AI models that can run efficiently on connected devices. Prior to the deal, Edge Impulse raised about $54 million in funding and built up an installed base of more than 170,000 developers.

Qualcomm just bought an AI company you've never heard of

Qualcomm dove deeper into the AI pool, acquiring the generative AI division of Hanoi-based VinAI in a deal announced Monday. Financial details remain undisclosed, but the move signals Qualcomm's accelerating interest in AI tools and talent. VinAI, established in 2019 by Hung Bui (formerly of DeepMind), specializes in computer vision algorithms and language models. The company has roughly 200 employees across offices in Hanoi, the U.S., and Australia, according to a 2023 Forbes interview with Bui. Qualcomm's SVP of Engineering, Jilei Hou, emphasized the acquisition as a commitment to AI research and development, stating it would bolster the company's capacity to deliver advanced AI solutions across sectors. "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." Supported by Vietnamese conglomerate VinGroup, VinAI focuses primarily on AI-driven automotive tech, including in-cabin monitoring, security, and smart parking systems. CEO Hung Bui anticipates VinAI's expertise will benefit Qualcomm's software and chip development for smartphones, PCs, and vehicles and will join their team after the acquisition is finalized. This marks Qualcomm's second acquisition this year, following its purchase of San Jose-based Edge Impulse, an AI and Internet of Things company, in early March. Qualcomm CEO Cristiano Amon has identified edge AI -- on-device AI processing -- as a significant growth driver for the company.

Qualcomm Aquires VinAI's Subsidiary MovianAI to Boost Capabilities

Qualcomm announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI) on Tuesday. MovianAI is the former generative AI division of VinAI Application and Research JSC (VinAI) and a part of the Vietnamese conglomerate Vingroup. With this move, the San Diego-based tech giant has acquired a 65 percent stake in the company. The financial details of the move were not disclosed by either of the parties involved in the acquisition. Qualcomm said the move will allow it to expedite and scale generative AI research and product development. In a newsroom post, the chip maker announced the acquisition of the Vietnamese AI firm. MovianAI was established in November 2024 after Vingroup split its AI subsidiary VinAI into two entities. The acquired entity specialised in AI research and development and had a charter capital of nearly $9 million (roughly Rs. 77 crore). The chip maker said that it has been working closely with the Vietnamese technology ecosystem for more than 20 years to create and develop solutions in the areas of 5G, AI, IoT, and automotive. Alongside the acquisition, Qualcomm also announced that VinAI's founder and CEO, Hung Bui, will also join Qualcomm. He previously worked with Google DeepMind. With this move, Qualcomm aims to scale its generative AI research and development capabilities. MovianAI will help the tech giant in expediting the creation of AI solutions for products such as smartphones, PCs, software-powered vehicles, and more. "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. 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," said Jilei Hou, senior vice president of engineering, Qualcomm Technologies. "We are ready to contribute to Qualcomm's mission of making breakthroughs in fundamental AI research and scale them across industries, including smartphones, 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," added Bui.

Qualcomm Expands AI Ambitions With Acquisition of VinAI's Generative AI Division - Qualcomm (NASDAQ:QCOM)

In a market dominated by tariff tensions, geopolitical surprises, and Fed uncertainty, Matt Maley's technical approach delivers clear entry & exit points for consistent income potential. Try it free for 7 days Qualcomm Inc QCOM on Tuesday announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC. MovianAI is the former generative AI division of VinAI Application and Research JSC and is a part of the Vingroup ecosystem. The financial terms of the acquisition were not undisclosed. VinAI is known for its generative AI, machine learning, computer vision, and natural language processing expertise. Also Read: Qualcomm Accuses Arm Of Antitrust Violations Across US, EU, And Korea Over Chip Access Combining VinAI's advanced generative AI research and development capabilities with Qualcomm's R&D is expected to expand its ability to drive inventions. Qualcomm has been working closely with the Vietnamese technology ecosystem for more than two decades to create and deliver innovative solutions. Qualcomm's innovations in 5G, AI, IoT, and automotive have helped fuel the growth and success of Vietnam's information and communication technology industry and assisted Vietnamese companies in entering the global marketplace. VinAI CEO Dr. Hung previously worked for Alphabet Inc.'s GOOG GOOGL Google DeepMind. In March, Qualcomm agreed to acquire EdgeImpulse Inc to enhance its offering for developers and expand its leadership in AI capabilities, powering AI-enabled products and services across IoT. The financial terms of the deal were not undisclosed. Price Action: At the last check on Thursday, QCOM stock was down 4.90% to $146.78. Read Next: Acuity Brands Q2 Earnings: Tops EPS Estimates, Intelligent Spaces Sales Surge Over 150%, Grows Margins, EBITDA Despite Cash Flow Decline And Sales Miss Photo: Shutterstock/Bandersnatch QCOMQualcomm Inc$141.91-7.90%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum36.54Growth60.97Quality90.26Value47.30Price TrendShortMediumLongOverviewGOOGAlphabet Inc$153.19-3.57%GOOGLAlphabet Inc$151.44-3.57%Market News and Data brought to you by Benzinga APIs

Qualcomm supercharges AI arsenal with Movian AI acquisition

Dr. Hung Bui, founder and CEO of VinAI, will join Qualcomm to accelerate breakthrough AI solutions for smartphones, PCs, and software-defined vehicles. On April 1, Vingroup announced that it transferred all shares in Movian AI Joint Stock Company to Qualcomm. The move separated Movian AI from Vingroup's portfolio, which included VinMotion, VinBigData, VinRobotics, VinITIS, VinHMS, VinCSS, and VinTech. Originally part of VinAI's generative AI branch, Movian AI was established as a separate entity in November 2024. The acquisition integrated VinAI's research with Qualcomm's in-house R&D and expedited the creation of AI solutions for smartphones, personal computers, and software-defined vehicles. Qualcomm, known for its Snapdragon chip line and its presence in the Vietnamese technology market, reinforced its commitment with the opening of an R&D center in Hanoi in 2020. The acquisition reinforced Qualcomm's intent to strengthen its presence in Vietnam and accelerate development of AI-powered products and applications. Its move into generative AI research aimed to enhance the suite of AI development tools and support industry innovation cycles. "We are ready to contribute to Qualcomm's mission of making breakthroughs in fundamental AI research and scale them across industries, including smartphones, PCs, software‑defined vehicles, and more," said Dr. Hung Bui, Founder and CEO of VinAI, according to Forbes. His experience in building VinAI's expertise in generative AI, machine learning, computer vision, and natural language processing was expected to accelerate development of new solutions. "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," said Jilei Hou, Senior Vice President of Engineering at Qualcomm, according to Forbes. Hou added that the acquisition underscored Qualcomm's commitment to dedicating resources to research and development, an initiative viewed as a driving force behind future AI research. The transaction followed Qualcomm's earlier acquisition of Edge Impulse, a German company with expertise in artificial intelligence and Internet of Things solutions, and marked the chipmaker's second purchase of the year. With Movian AI's charter capital of 226.766 billion VND and a focus on generative AI, the move aligned with Qualcomm's strategy to integrate AI research with its core technology platforms. The company anticipated that the integration of generative AI capabilities would accelerate development of AI solutions for its product lines. Movian AI's headquarters at the Symphony Office Building in Hanoi's Vinhomes Riverside Urban Area signaled Qualcomm's investment in the region. Over the past two decades, Qualcomm built collaborative ties with Vietnam's technology ecosystem, and the acquisition deepened that relationship. The integration of Movian AI into Qualcomm's global R&D framework highlighted efforts to harness local talent and innovation and reinforce its competitive edge in the AI market. Vingroup, controlled by billionaire Pham Nhat Vuong, restructured its focus by selling Movian AI while retaining its other subsidiaries. The divestment aligned with Vingroup's strategy to reallocate investments in AI and scientific research. For Qualcomm, the purchase broadened its technology portfolio and strengthened its ability to expedite creation and deployment of AI solutions across devices and industries. The acquisition represented a convergence between Qualcomm's expertise in semiconductor technology and Movian AI's capabilities in generative AI research, with Qualcomm aiming to drive innovations that would transform technology and deliver AI‑powered applications to consumers and businesses. The article was written with the assistance of a news analysis system.

Qualcomm acquires VinAI division to boost Gen AI

Qualcomm has announced the acquisition of MovianAI Artificial Intelligence (AI) Application and Research JSC (MovianAI), the generative AI division formerly belonging to VinAI Application and Research JSC (VinAI), a part of the Vingroup ecosystem. The acquisition aims to enhance Qualcomm's research and development capabilities in generative AI, with the objective of accelerating the creation of advanced AI solutions for a range of products, including smartphones, PCs, software-defined vehicles, and related technologies. VinAI is recognized for its expertise in generative AI, machine learning, computer vision, and natural language processing. According to Qualcomm, the integration of VinAI's generative AI research and development capabilities with Qualcomm's existing research efforts is intended to expand the company's capacity for innovation. The acquisition will result in Dr. Hung Bui, the founder and CEO of VinAI, joining Qualcomm. Dr. Bui's background includes experience at Google DeepMind. VinAI's generative AI team is described as possessing expertise in AI research, customized AI model development, and engineering. Qualcomm has stated that it has maintained a relationship with the Vietnamese technology ecosystem for over 20 years, providing solutions in areas such as 5G, AI, IoT, and automotive. The company has indicated that its contributions have supported the growth of Vietnam's information and communication technology (ICT) industry and facilitated the participation of Vietnamese companies in the global market. Regarding this Jilei Hou, senior vice president of engineering, Qualcomm Technologies, Inc, said: 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. 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. Dr. Hung Bui, founder and chief executive officer, VinAI, added:

Qualcomm acquires Vingroup's AI subsidiary Movian AI - VnExpress International

On Tuesday Vingroup announced it had transferred all its shares in Movian AI, ending its status as its subsidiary. Qualcomm confirmed the deal the same day, saying Bui Hai Hung, founder and CEO of VinAI, will join Qualcomm as part of the acquisition. Movian AI was established in late November 2024 as one of two companies Vingroup split its AI subsidiary VinAI into. It has a charter capital of nearly VND227 billion (US$9 million), with Vingroup holding a 65% stake, and specializes in AI research and development. Qualcomm, known for its Snapdragon semiconductors, is a major global supplier of smartphone processors that is currently benefiting from the burgeoning demand for AI-powered mobile devices. In Vietnam, the company established a R&D center in Hanoi in 2020. Vingroup has several other technology and AI subsidiaries like VinAI, VinMotion, VinBigData, VinRobotics, VinITIS, VinHMS, VinCSS, and VinTech. In December 2024 the conglomerate, led by billionaire Pham Nhat Vuong, sold another AI company, VinBrain, to U.S. tech giant Nvidia.

Qualcomm: strengthens position in AI with acquisition of MovianAI

Qualcomm announces the acquisition of MovianAI, the former generative AI division of VinAI, to strengthen its artificial intelligence R&D capabilities. The acquisition is aimed at accelerating the development of advanced AI solutions for smartphones, PCs and software-defined vehicles. Indeed, integrating the advanced generative AI R&D capabilities of VinAI, a leading AI research company, with Qualcomm's decades of innovation will strengthen its ability to develop solutions. In addition, Dr Hung Bui, founder and CEO of VinAI, joins Qualcomm. This acquisition underscores the group's commitment to investing the necessary R&D resources to continue driving the next wave of AI innovation, Qualcomm Technologies, Inc. said. By integrating top talent from VinAI, we strengthen our ability to deliver cutting-edge AI solutions that will benefit a wide range of industries and consumers. Copyright (c) 2025 CercleFinance.com. All rights reserved.