Surveillance cameras combined with artificial intelligence (AI) enable the rapid identification of issues such as accidents and traffic congestion, thereby helping to manage traffic effectively.
Vietnamese company Hyphen Deux is partnering with leading global technology corporations to develop AI chips, optimizing urban monitoring and management systems and building smart city solutions. - Photo: Organizing Committee
Hyphen Deux, a semiconductor chip design company in Vietnam, recently signed a strategic cooperation agreement with Arm Korea Ltd and CoAsia SEMI (two leading global technology corporations) in Ho Chi Minh City to promote the application of AI in building smart city solutions.
The project focuses on improving video surveillance and identification systems to support efficient traffic management.
Mr. Bui Duy Khanh, founder & CEO of Hyphen Deux, shared that Hyphen Deux is developing a specialized AI chip capable of analyzing real-time data from traffic surveillance cameras to identify dangerous situations such as accidents, traffic violations, or congestion.
"Through this, the system can respond promptly, support traffic coordination and minimize incidents, improve monitoring efficiency, help improve traffic operation efficiency and optimize the use of urban resources," Mr. Khanh said.
Mr. Khanh emphasized that the collaboration with Arm and CoAsia SEMI is an important step forward, promoting AI technology in Vietnam and building smart, sustainable urban infrastructure.
SW Hwang, president of Arm Korea, affirmed his commitment to supporting Vietnam, including in the areas of human resource training and companies like Hyphen Deux, with the aim of developing effective AI solutions.
Similarly, Shin Dong Soo, CEO of CoAsia SEMI, expects that the combination of CoAsia SEMI's expertise and Hyphen Deux's innovative vision will create advanced technological solutions, contributing to the development of smart cities not only in Vietnam but also in the region.
AI is revolutionizing transportation worldwide.
According to a report by Capgemini, artificial intelligence (AI) helps reduce private car ownership, promotes a shift towards public transportation, and thereby reduces congestion and environmental pollution.
Around the world, many countries have applied AI to develop smart cities, particularly in improving transportation infrastructure. For example, Singapore uses AI to optimize traffic, while South Korea monitors safety on buses and analyzes dangerous driving behavior to minimize accidents.
In this context, Mr. Nguyen Trung Chinh, Chairman of the Board of Directors of CMC Technology Group, proposed that Ho Chi Minh City become a global AI hub at the Ho Chi Minh City Economic Forum 2024. He affirmed that AI is not only a technology but also a crucial factor in promoting economic development. According to him, if AI is applied effectively, Vietnam could achieve GDP growth of up to 14% by 2030.
Source: https://tuoitre.vn/doanh-nghiep-viet-ung-dung-al-giai-bai-toan-giao-thong-un-tac-tai-nan-20241120120515932.htm
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