On September 19, 2024, AI Hay was honored to be part of the launch event for the ASEAN GenAI Startup Report 2024. This exciting event provided valuable insights from the latest report on the generative AI (GenAI) startup ecosystem in Southeast Asia.
About the ASEAN GenAI Startup Report 2024 Event
The program was organized by the GenAI Fund, Amazon Web Services (AWS), Databricks, and Vietnam’s National Innovation Center (NIC). The ASEAN GenAI Startup Report offers essential insights into the rapidly growing GenAI ecosystem in Southeast Asia, with Vietnam emerging as a key innovation hub in this sector.
The event featured speakers, including GenAI experts, investors, and startups, who discussed emerging trends, opportunities, challenges, and predictions for startups, government agencies, and businesses. Topics covered included growth opportunities and investment trends across the region, including Vietnam.
Representing AI Hay, Chief of Staff Mr. Nguyen Hoang Hiep took part in the panel discussion to share his perspectives and experiences.
Key Highlights of AI Hay in the ASEAN GenAI Startup Report 2024
The report is the result of in-depth research on over 700 GenAI startups across ASEAN, enriched by insights from roadshows in six countries and support from key partners, including GenAI Fund, AWS, and Databricks.
Some of the main highlights include:
- In-depth Interviews: Providing perspectives from startups, investors, and government agencies, along with insights from major tech corporations.
- Comprehensive Analysis: Exploring the GenAI startup ecosystem across ASEAN, with detailed country-specific and industry-specific innovation analysis.
- Funding Ecosystem Overview: A detailed look at the funding landscape for GenAI, particularly highlighting emerging trends in mergers and acquisitions.
- 18-Month Forecast: Projections for key areas driving growth in the GenAI sector.
>>Download the full report here: ASEAN GenAI Startup Report
Through this report, AI Hay is recognized as a pioneering GenAI startup in Vietnam, reflecting its position in the ASEAN GenAI Startup Report 2024:
- AI Hay in Vietnam: A rapidly developing GenAI social platform, bringing technological breakthroughs in AI to Vietnam.
- Optimizing Low-Resource Languages: AI Hay is transforming search experiences for low-resource languages, allowing users to find information and engage with social elements more easily.
- Advanced GenAI Applications: AI Hay harnesses open-source models like Llama 3 to build and train Large Language Models (LLMs), optimized for Vietnamese and localized queries, providing users with accurate, relevant results.
- Pre-Series A Stage: AI Hay is in the Pre-Series A stage, leading in developing low-resource language models through social applications, with significant expansion potential.
- Combining Open and Closed Models: By leveraging open-source models like Llama 3 alongside proprietary models, AI Hay fine-tunes and enhances the delivery of smart, reliable results for specific use cases, such as text search, image search, lottery results, gold prices, and horoscopes.
- Building Competitive Advantage: AI Hay is establishing a competitive edge by using proprietary data, particularly on social networks, to fine-tune AI models, delivering more personalized and accurate results and solidifying its leading industry position.
This acknowledgment highlights AI Hay’s role as a key player in Vietnam’s GenAI sector, driving innovation and expanding the technological landscape. Through continued growth and the backing of such impactful events, AI Hay looks forward to further contributing to the GenAI ecosystem and advancing AI applications across Southeast Asia.