Qualcomm Buys Vietnamese AI Startup's 'Magic 8-Ball' Division for Who Even Knows How Much

In a move that has left everyone scratching their heads but not enough to actually look it up, Qualcomm has acquired the generative AI division of VinAI, a Vietnamese startup that probably makes toasters think or something. The amount? Oh, it's undisclosed, because nothing says serious business like playing financial peek-a-boo.

Qualcomm, a company previously known for making your phone overheat while you're just trying to watch cat videos, has decided that the future is in AI—specifically, the kind that can generate deepfake memes of corporate executives saying things they definitely never said. VinAI, founded by a former DeepMind researcher (which is tech speak for "probably really smart"), specializes in generative AI technologies. Rumor has it, one of their projects was an AI that could generate excuses for why your startup failed, saving founders hours of brainstorming.

The acquisition marks Qualcomm's bold entry into the AI tooling sector, a space so crowded that even the AIs are starting to complain about the noise. "We're thrilled to welcome VinAI's team to the Qualcomm family," said a spokesperson, presumably while motioning to a sad-looking plant in the corner of a Zoom call. "Together, we'll innovate the future of AI—or at least until the next shiny thing comes along."

Industry analysts have speculated that the deal was sealed with a handshake, a PowerPoint deck, and a mutual agreement to never speak of the actual numbers. Meanwhile, VinAI's remaining divisions will continue their work, which includes an AI that orders pho for you and another that reminds you to hydrate, because even machines know you're not drinking enough water.

As for what this means for the average consumer? Probably nothing. But hey, at least now when your phone starts composing Shakespearean sonnets about your battery life, you'll know who to thank.