Qualcomm acquires Vietnam-based MovianAI

Seeking Alpha News (Tue, 01-Apr 9:18 AM)

  • Qualcomm (NASDAQ:QCOM) announced the acquisition of Vietnam-based MovianAI Artificial Intelligence Application and Research JSC from Vingroup.
  • MovianAI was the generative AI division of VinAI Application and Research JSC.
  • Qualcomm said it has been working closely with the Vietnamese technology ecosystem for over 20 years.
  • VinAI's founder and CEO, Hung Bui, is set to join Qualcomm.