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VinAI sells Generative AI business to Qualcomm

VinAI sells Generative AI business to Qualcomm
Published Date
Apr 7 2025

A&O Shearman has advised VinAI Artificial Intelligence Application and Research Joint Stock Company (“VinAI”) and its shareholders on the successful sale of its research and generative AI business to Qualcomm Technologies, Inc. (“Qualcomm”). 

The transaction marks a significant milestone in Vietnam’s AI landscape and aligns with the national strategy for AI research, development, and application until 2030.

VinAI is a leading AI research company, renowned for its expertise in generative AI, machine learning, computer vision, and natural language processing. VinAI is based in Vietnam and is a part of the Vingroup ecosystem.

Qualcomm, based in San Diego, California, is a global leader in wireless technology innovation and 5G development.

This is one of the first major AI acquisitions in Vietnam, highlighting the country's growing prominence in the global AI arena.

Tina LeDinh, A&O Shearman partner, commented: "This transaction is a clear indicator of the interest and investment in AI technologies within the ASEAN region. The acquisition by Qualcomm not only highlights the strategic value of AI development in Vietnam but also sets a precedent for future investments in the sector. We are witnessing a significant shift where global tech giants are increasingly looking towards Vietnam as a hub for AI and tech innovation. This deal will likely catalyse further growth and integration of Vietnamese AI enterprises into the global market, fostering a robust ecosystem for technological advancement and economic development."

Tina also added: “This transaction also underscores A&O Shearman’s robust capabilities in the global tech and AI sectors. Our team, spanning multiple offices and jurisdictions, collaborated seamlessly to deliver comprehensive specialized advice and tailor-made solutions to our client, highlighting our commitment to exceptional service across the globe.”

The deal team was led by Tina LeDinh in Vietnam, with Jesse Debban in San Francisco leading on US M&A matters and Daren Orzechowski in Silicon Valley and Saranpaal Calais in Singapore on IP and tech matters. They were supported by senior associates Tam Tran and Thao Tran and paralegal Nhi Khuat in Vietnam, and counsel Robert Bucella in Silicon Valley. 

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