Nvidia CEO Jensen Huang announced the acquisition of VinBrain, Vingroup’s artificial intelligence company, as part of plans to establish a major future design center in Vietnam.
The announcement came on December 5 in Hanoi, following the signing of an agreement with the Vietnamese government to establish two AI centers.
“This is an extraordinary and innovative startup in Vietnam,” Mr. Huang said, referring to VinBrain. “With this acquisition, Nvidia now has a solid starting point for building a large-scale design center in Vietnam.”
The acquisition marks a significant milestone for Nvidia, which Mr. Huang described as a “very happy day” — the official birth of Nvidia Vietnam. However, specific details of the deal’s progress have not been disclosed.
VinBrain is recognized as a pioneering AI startup, particularly in healthcare technology. Its AI solutions are used in over 182 hospitals across Vietnam, the United States, India, Australia, and other countries, helping healthcare professionals enhance efficiency and accuracy.
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As part of its expansion, Nvidia plans to establish the Vietnam Research and Development Center (VRDC) and the AI Data Center. These facilities are expected to serve as the foundation for Nvidia and its local partners to implement cutting-edge AI technologies in the country.
According to Mr. Huang, Vietnam’s data is a valuable national resource, making it an ideal time to advance AI development. Nvidia has committed to fostering the growth of Vietnam’s AI ecosystem, including supporting talent development and startup innovation.
This acquisition and partnership further cement Vietnam’s position as a key player in the global AI landscape, with Nvidia at the forefront of these advancements.
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Source: Vietnam Insider