Key facts
- Qualcomm is in discussions to acquire AI chip startup Tenstorrent.
- The potential acquisition price is between $8 billion and $10 billion.
- The report cites a person with direct knowledge of the deal.
Chip designer Qualcomm is reportedly in negotiations to acquire AI chip startup Tenstorrent, with the deal potentially valued between $8 billion and $10 billion. The information was reported by The Information, citing an individual familiar with the matter. Qualcomm, a major player in mobile processors, has been expanding its focus into AI and specialized chips for various applications.