TECHNOLOGYFORTUNE
Qualcomm’s big AI gamble: Breaking Nvidia’s chips stronghold
Qualcomm is challenging Nvidia's dominance in the AI chip market for data centers through new AI accelerators and CPUs. The company projects $15 billion in annual AI component sales by 2029 and plans to reduce reliance on smartphone chips by expanding into automotive tech, PC chips, and smart home devices. Qualcomm acquired Modular, an AI software company, to compete with Nvidia's CUDA platform.
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