June 24 : Qualcomm said on Wednesday that Microsoft and Meta Platforms will use its new AI chips and that it will make custom chips for two other unnamed "hyperscalers." The San Diego-based company, which is the industry leader in smartphone chips, held an investor presentation to showcase its move»»»

(June 24): Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly US$4 billion, as the chipmaker looks to diversify beyond its core smartphone business. Buying Modular pits Qualcomm against CUDA, the software platform that has helped underpin Nvidia's AI do»»»