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Startups

Japanese $2.5bn AI startup targets Vietnam after COVID boost

AI Inside forges local partnership to market text recognition software

Orders for AI Inside's software surged last year as governments scrambled to process documents during the COVID-19 pandemic. (Source photo by AI Inside)

TOKYO -- AI Inside, a Japanese startup that helps companies convert paper documents into electronic data using artificial intelligence, is entering Vietnam after the COVID-19 pandemic boosted business in its home market.

AI Inside recently agreed to sell its text recognition software, which includes the Vietnamese language, through OCG Technology, a joint venture between a unit of state-owned Vietnam Posts and Telecommunications Group and Japan's Nippon Telegraph and Telephone. It aims to tap Vietnamese companies that want to automate manual tasks like typing handwritten forms into spreadsheets.

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