Qualcomm reportedly in talks to acquire AI chip startup Tenstorrent for up to $10 billion
By
Dan Robinson
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Summary
Qualcomm is reportedly in talks to acquire AI chip startup Tenstorrent for $8-10 billion, according to The Information citing anonymous sources. The acquisition would boost Qualcomm's datacenter ambitions and represent a major commitment to the RISC-V open instruction set architecture, as Tenstorrent is a key player in the RISC-V ecosystem. Talks are ongoing with no certainty of a deal.
Key quotes
· 2 pulledQualcomm is reportedly moving to buy AI chip firm Tenstorrent, an acquisition that could prove a major boost to the RISC-V ecosystem.
The talks are ongoing and there is no certainty a deal will be reached, but the move would fit with Qualcomm's datacenter ambitions and bullish statements about AI opportunities made by its chief, Cristiano Amon.
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