Qualcomm

Qualcomm signs Meta as first data center CPU customer

Qualcomm announced on Wednesday a multi-generation agreement to supply data center CPUs to Meta, marking the chipmaker's most concrete step yet in its push to become a major player in the AI infrastructure market. The collaboration centers on Qualcomm's newly…

Qualcomm to buy AI startup Modular in $3.9B stock deal

Qualcomm announced on Wednesday that it has agreed to acquire AI software infrastructure startup Modular Inc. in an all-stock transaction valued at approximately $3.9 billion, marking one of the chipmaker's largest bets yet on artificial intelligence beyond its core smartphone…

ByteDance seeks record $20B offshore loan for AI push

ByteDance, the Chinese technology company behind TikTok, is in preliminary talks with banks for a loan of approximately $20 billion that would represent its largest-ever offshore borrowing, Bloomberg News reported on Wednesday. The move comes as the Beijing-based firm dramatically…

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