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News on Medial
Qualcomm, Alphabet team up for automotive AI; Mercedes inks chip deal
Economic Times
·
9m ago
Medial
Qualcomm and Google are partnering to provide automakers with chips and software that will enable them to develop their own AI voice assistants. Qualcomm's chips, known for powering mobile phones with Google's Android operating system, are expanding into the automotive industry. By combining Qualcomm's chips with Google's Android Automotive OS, automakers can create personalized voice assistants that do not rely on a driver's phone. Qualcomm also announced the release of two new chips, Snapdragon Cockpit Elite for dashboards and Snapdragon Ride Elite for self-driving features. Mercedes-Benz Group plans to use the Snapdragon Elite Cockpit chip in future vehicles.
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Intel challenges Nvidia, Qualcomm with 'AI PC' chips for cars
Economic Times
·
1y ago
Medial
Intel is taking on NVIDIA and Qualcomm in the AI chip market for cars with the introduction of its latest product, Intel Ponte Vecchio. This chip aims to provide high-performance computing capabilities for autonomous vehicles and other AI-driven applications. By entering the automotive AI chip market, Intel hopes to tap into the rapidly growing demand for technology in the transportation industry, as vehicles become increasingly connected and reliant on AI-driven algorithms.
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Tessolve to buy German chip designer for Rs 400 crore
Economic Times
·
9m ago
Medial
Tessolve, a semiconductor engineering solutions provider, has agreed to acquire German chip design company Dream Chip Technologies for up to Rs 400 crore. This acquisition will position Tessolve as one of the few design firms worldwide capable of providing turnkey design solutions for advanced chips. It will also expand Tessolve's presence in Europe and enable the addition of advanced capabilities in System on Chip (SoC) designs for various industries such as AI, automotive, data centers, and industrial markets. The deal will include four delivery sites in Germany and the Netherlands, enhancing Tessolve's ASIC design projects and its European footprint.
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Qualcomm ends bid to buy Israel's Autotalks after antitrust probe
Reuters
·
1y ago
Medial
Qualcomm has announced the termination of its bid to acquire Autotalks, an Israeli company that manufactures communication chips for car safety. The acquisition deal, which was announced last year, faced regulatory challenges, with the UK's antitrust regulator opening a probe into the agreement. Due to the lack of timely regulatory approvals, Qualcomm decided to call off the transaction. However, Qualcomm affirmed its commitment to the automotive industry and its focus on its product roadmap, customers, and partners.
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How Intel fell from global chip champion to takeover target
Livemint
·
10m ago
Medial
Intel, once a dominant leader in the semiconductor industry, is now facing the possibility of being acquired by Qualcomm, highlighting its strategic missteps and the rise of artificial intelligence (AI). Intel's manufacturing setbacks and failure to anticipate the demand shift towards AI chips made by rival Nvidia have contributed to its decline. While a deal with Qualcomm is uncertain, the idea of the smartphone-chip giant acquiring Intel would have been unthinkable in the past. Intel's CEO, Pat Gelsinger, had pursued a costly turnaround strategy, but the company's struggles in the AI market have led to significant job cuts and cost reductions. A positive turnaround for Intel is still possible, contingent on the success of their next-generation chip-making technology. Overall, Intel's core chip business faces challenges in recovering as the market continues to focus heavily on AI chips.
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AI startup Blaize raises $106 million in funding
Economic Times
·
1y ago
Medial
Blaize, an AI computing firm, has secured $106 million in funding from a range of investors including Mercedes-Benz and Temasek. Existing investors such as Bess Ventures, Franklin Templeton, and Denso, as well as new investors Rizvi Traverse, Ava Investors, and BurTech LP, also participated in the funding round. The company, which provides computing solutions for various sectors including automotive, security, and retail, previously raised $224 million. Blaize had announced plans to go public through a SPAC deal with BurTech Acquisition in December. The funding highlights the continued investor interest in the AI sector.
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Nvidia plans to sell tech to speed AI chip communication
Economic Times
·
2m ago
Medial
Nvidia announced plans to sell NVLink Fusion technology, enhancing AI chip communication. This new tech will aid other chip designers like Marvell, MediaTek, Qualcomm, Fujitsu, and Alchip in building advanced AI systems. Nvidia's CEO, Jensen Huang, introduced this at Computex AI exhibition, alongside plans for Nvidia's Taiwan headquarters. The company is transitioning from gaming graphics to a key player in AI chips, unveiling products like Blackwell Ultra and DGX Spark for AI research.
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IPO-Bound Ola Electric In Discussions With Kaynes Tech’s Arm To Make Chips For Its EVs
Inc42
·
1y ago
Medial
Mysuru-based Kaynes Semicon, the semiconductor arm of Kaynes Technology, is reportedly in talks with Ola Electric to manufacture chips for its electric vehicles (EVs) based on its own design. Currently, Ola Electric sources its chips from US chip designer Qualcomm. If the deal is finalized, Kaynes would assemble and process imported wafers to manufacture the chips. Ola Electric CEO Bhavish Aggarwal is actively looking to reduce dependencies on foreign entities for his businesses. This move comes as India's domestic semiconductor space is heating up, with significant investments being made in the sector.
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Hailo lands $120 million to keep battling Nvidia as most AI chip startups struggle
TechCrunch
·
1y ago
Medial
Hailo, an AI chip startup, is making headway in the competitive AI chip market, acquiring over 300 customers in industries such as automotive, security, retail, and medical devices. The company designs specialized chips that execute AI tasks with lower memory usage and power consumption, making them suitable for edge devices. Hailo recently secured $120 million in funding to leverage future opportunities and drive long-term growth. While facing challenges from established chip giants like Nvidia, Hailo's accelerator chips are seen as necessary for efficient AI processing as the demand for edge AI applications grows.
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Qualcomm to supply Apple with 5G chips until 2026 under new deal
Economic Times
·
1y ago
Medial
Under the deal announced Monday, Qualcomm said it will supply Apple with chips for phones that will come out each year until 2026. Qualcomm did not disclose the value of the deal, saying only that the terms are "similar" to its previous agreement.
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Did Qualcomm just launch the first true 'App Store' for AI? AI Hub comes with 75 models for free, but you will have to be a developer to take full advantage of it
Techradar
·
1y ago
Medial
Qualcomm has launched the AI Hub, a library of pre-optimized AI models for devices running on Snapdragon and Qualcomm platforms. The models in the library support various applications like natural language processing and computer vision, delivering high performance with low power consumption. More than 75 popular AI models are currently included, and they are optimized to leverage the hardware acceleration of Qualcomm's AI Engine. The AI Hub also provides tools for developers to customize and fine-tune the models. Qualcomm plans to update the library regularly and developers can sign up for early access to new features and models.
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