Qualcomm Acquires Vietnamese AI Company MovianAI to Boost Generative AI Development

Qualcomm recently announced the completion of its acquisition of MovianAI, a Vietnamese artificial intelligence research company. While the exact amount of the transaction remains undisclosed, this move has drawn considerable attention within the industry. MovianAI was originally the generative AI division of VinAI, a subsidiary of the Vietnamese conglomerate Vingroup. This acquisition signifies Qualcomm's continued expansion in AI technology and will further strengthen its global competitiveness. Following the acquisition, MovianAI's founder and CEO Hu...