• Qualcomm Ventures is dedicating $100M to AI investments

    11 days ago - By Tech Crunch

    Qualcomm Ventures, the corporate venture capital arm of the chipmaker, has plans to invest up to $100 million in artificial intelligence.
    Specifically, Qualcomm says it will provide capital to startups building on-device AI, which is AI that runs on the end device, like a smartphone or vehicle, rather than in the cloud. The fund's leader, Qualcomm investment director Albert Wang , says on-device AI is the future.
    “Today's AI processing is very computationally intensive,” Wang told TechCrunch. “When you're talking to Alexa, nothing is processed on your device, it gets taken to the cloud and...
    Read more ...

     

  • Qualcomm Ventures launches $100 million AI fund

    Qualcomm Ventures launches $100 million AI fund

    11 days ago - By Venture Beat

    Qualcomm Ventures plans to invest up to $100 million in companies taking novel approaches to create AI solutions.
    Read more ...