On the afternoon of November 26, the GenAI Open Innovation event took place in Ho Chi Minh City. The event was co-organized by the GenAI Foundation, Amazon Web Services (AWS), Sovico Group and the Vietnam National Innovation Center (NIC).
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| 200 guests attended the GenAI Open Innovation event. |
The event marks an important milestone in the Artificial Intelligence (AI) ecosystem in Southeast Asia, connecting startups and enterprises to promote digital transformation through generative AI.
GenAI Open Innovation attracts about 200 carefully selected guests, who are representatives from startups and businesses looking to explore cooperation opportunities.
According to a report by the GenAI Foundation, 92% of AI startups born in ASEAN are focusing on the business-to-business (B2B) model.
Therefore, the GenAI Open Innovation initiative has been launched as the first official program connecting startups with businesses. The program not only connects and builds networks but also provides carefully selected practical support to promote research development steps or Proof-of-Concept projects between businesses and startups.
According to Mr. Do Tien Thinh, Deputy Director of NIC Vietnam, the GenAI Open Innovation initiative is an excellent example of how businesses and startups can cooperate to solve practical problems using AI.
“NIC is proud to support this platform and is committed to promoting collaboration to bring about innovation and economic growth in Vietnam and the region,” said Mr. Do Tien Thinh.
Many businesses have participated in the program, such as Sovico Group, Vietnam Petroleum Institute (VPI) under Petrovietnam, Globe Telecom, Phong Vu, WebTVAsia, Pixlr, Galaxy Technology Services...
These leading corporations operate in the fields of banking, telecommunications, oil and gas, media, retail, and technology, demonstrating diverse potential for cooperation.
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| Ms. Laura Nguyen, Director of GenAI Foundation spoke at the event. |
At the event, Sovico Group - a leading corporation in Vietnam with multi-industry operations in banking, aviation, energy, hotels and real estate - announced its strategic investment in GenAI Fund.
This partnership will further promote collaboration between businesses and startups, leveraging Sovico's extensive industry expertise to unlock the potential of generative AI.
At the event, Ms. Laura Nguyen, Director of GenAI Foundation, commented: "GenAI Open Innovation has demonstrated the potential for cooperation between businesses and startups in reshaping industries through generative AI.
With the strategic investment from Sovico Group and the momentum from the event, we are committed to expanding this platform across Southeast Asia to empower both businesses and startups."
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