The upcoming plans of Google Labs to establish a new applied AI lab in Vietnam represent another crucial step towards further expansion of its artificial intelligence operations worldwide.
The project is based on Google’s growing cooperation with Vietnam’s National Innovation Centre (NIC), and reflects the ambitions of the country to develop its AI industry further.
Growing AI Ecosystem in Vietnam
Within the framework of the project, Google Labs will be providing help to local developers and entrepreneurs to build AI applications. The applied AI lab is expected to play a vital role in strengthening the innovative capabilities of Vietnam.
Previously, Google has already made great contributions to promoting AI innovation and digital transformation in Vietnam. The projects such as AI Solutions Lab, and AI Bootcamps have aimed at developing AI-based solutions in different spheres.
In particular, such areas as healthcare AI, logistics AI, and AI in education were targeted by AI-related programs. They provided participants with mentoring opportunities, access to top engineers, and other resources for developing their products.
Helping Vietnamese Startups to Create Innovative Products
Under the applied AI lab program, startups working with AI will get:
- Engineering mentorship from Google’s experts
- Access to AI infrastructure and cloud services
- Training for building and scaling AI products
- Opportunities to collaborate with international investors and partners
Previously, the projects that have been implemented under the supervision of Google allowed dozens of startups to develop AI-based products for addressing different challenges.
The AI solutions included software for speeding up insurance processes, low-cost diagnostics, and fast-tracking drug discovery.
Promoting Vietnam’s Digital Transformation and Economy
At present, Vietnam stands out as a rapidly developing hub of AI innovation. The partnership between the company and the National Innovation Centre includes several major aspects.
They include:
- Development of talented AI engineers in Vietnam
- Growing local startup ecosystem
- Expansion of local AI innovation
According to Google’s estimates, since the beginning of 2022, hundreds of startups have been receiving assistance from various programs.
For instance, many companies have successfully gained funding for scaling their products and hiring new staff members. In addition, the AI development is expected to bring billions to Vietnam’s economy in the coming years.
Why Is Vietnam a Hub of AI Innovation?
Vietnam’s rapid growth as a region of AI development depends on several reasons:
- Highly educated youth
- Growing number of startups and local developers
- Governmental encouragement of digital transformation in Vietnam
- Growing application of AI solutions within different sectors
Executives from Google have stated that due to its vibrant community of entrepreneurs and rapid digitalization, Vietnam holds much potential to develop into a hub of AI innovation in Asia.
AI Projects to Promote Further Development of the Region
Thus, establishing the applied AI lab in Vietnam is likely to be the first step towards implementing several similar initiatives in Southeast Asia.
By partnering with Google, Vietnam seeks to:
- Build advanced AI applications
- Encourage next-gen AI entrepreneurs
- Enhance the AI innovations in Southeast Asia
Conclusion
Opening of the applied AI lab in Vietnam can be seen as an important step towards further development of AI innovations in the region.
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