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Vietnam’s Vingroup intends to sell stakes in its AI firms to global tech giants including Nvidia: sources

The US AI chipmaker is said to be urging related parties to finalise its acquisition of Hanoi-based VinBrain

Jamille Tran

Published Tue, Oct 15, 2024 · 02:52 PM
    • VinBrain chief Truong Quoc Hung (second from left) and Kimberly Powell, vice-president of healthcare at Nvidia, (second from right) met at Nvidia's headquarters in the US in March 2023.
    • VinBrain chief Truong Quoc Hung (second from left) and Kimberly Powell, vice-president of healthcare at Nvidia, (second from right) met at Nvidia's headquarters in the US in March 2023. PHOTO: VINBRAIN

    [HO CHI MINH CITY] Vingroup, the largest private conglomerate in Vietnam, is in the process of selling its stakes in two artificial intelligence(AI) -focused firms, VinBrain and VinAI.

    This is according to three sources with knowledge of the matter, who shared the information with The Business Times on condition of anonymity.

    US AI chipmaker Nvidia is said to be urging related parties to finalise its acquisition of VinBrain, a Hanoi-based company that specialises in AI-powered healthcare solutions, said one source who is involved in the negotiations.

    AseanAsean BusinessVietnamVinFastVingroupQualcommNvidia

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