CoinScoopQualcomm and Amazon sign multi-year custom AI chip agreement
Qualcomm has entered a multi-generational agreement to supply custom silicon chips for Amazon Web Services (AWS) AI infrastructure. Under the deal, Amazon has the option to purchase up to $4 billion in Qualcomm shares. The companies will collaborate on chips for AI services and computer component connectivity.
Summaries are written by AI from the original article. Not investment advice.