Vietnam’s Vingroup to sell its shares in AI companies
The biggest private conglomerate in Vietnam, Vingroup, is reportedly trying to sell its shares in the AI companies VinBrain and VinAI to international tech firms and media outlets based in Singapore. Three sources were cited in a report published on Wednesday by the Business Times.
According to the report, these businesses might include the US-based chipmaker NVIDIA.
In a reply to media, Vingroup said, “We have no comment on this information at the moment.”
VinBrain, a health technology startup based in Vietnam, is supported by Vingroup.
VinBrain claimed that it is using AI to transform healthcare. According to information from its website, its products provide customized solutions for the healthcare industry by utilizing the limitless potential of artificial intelligence (AI), computer vision, and machine learning.
According to VinBrain, it is dedicated to providing patients and professionals with the newest AI-enabled diagnostic radiology and digital transformation solutions through its collaborations with hospitals, businesses, and institutions.
VinBrain established strategic partnerships and business deals with well-known international partners like Microsoft, Nvidia, Stanford University, and Nutex Health in 2023.
VinBrain has also entered into a business partnership with Global Fund to transfer DrAidTM Lung TB, an artificial intelligence (AI) technology for TB screening and detection.
According to VinGroup’s annual report from 2023, the goal of this program is to screen one million Vietnamese for tuberculosis by 2024.
A member of the Vingroup ecosystem, VinAI (formerly known as VinAI Artificial Intelligence Research Institute) is ranked among the top 20 AI R&D companies worldwide, according to information from its website.
VinAI is well-positioned to take the lead in offering effective and easily accessible AI solutions to address real-world issues, thanks to its staff of roughly 200 top-tier AI research scientists and engineers.
VinAI unveiled DrunkSense, the world’s first system that passively detects drunk driving without the use of a breathalyzer, earlier this month at InCabin Europe.
Air alcohol sensors, vehicle control monitoring, and facial expression tracking are all combined to give DrunkSense an 85% sensitivity rate in detecting drunk driving.