Economy · India
Qualcomm and Amazon Forge AI Chip Development Partnership
Qualcomm and Amazon have entered into a multi-generation collaboration to develop customized chips specifically for artificial intelligence (AI) data centers. This partnership aims to address the increasing demands for data and bandwidth in large-scale AI computing infrastructure. As part of the agreement, Qualcomm has issued warrants to Amazon, allowing the tech giant to acquire up to $4 billion worth of Qualcomm stock. This strategic alliance focuses on advancing AI hardware capabilities.
How outlets across the spectrum covered it
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- Centre (2): The Economic Times, The Hindu BusinessLine
- International (1): CNBC