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Qualcomm mulls taking over Jim Keller's Tenstorrent, report claims — deal for AI chipmaker would value the company at between $8 billion and $10 billion

Latest from Tom's Hardware ·Anton Shilov·about 10 hours ago
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(Image credit: Tenstorrent) Qualcomm is evaluating an acquisition of Jim Keller-led AI processor developer Tenstorrent in a transaction that could value the company at between $8 billion and $10 billion, reports The Information . The discussions are ongoing, and there is no guarantee that a deal will be reached, but if the takeover proceeds, it will not only value Tenstorrent at a premium but will be one of the most expensive transactions in Qualcomm's history. Go deeper with TH Premium: Chipmaking The report claims that Qualcomm is particularly interested in Tenstorrent's RISC-V-based AI accelerators and data center-grade CPU IP, though it does not specify how the company plans to integrate Tenstorrent and its products into its lineup. For AI, Qualcomm already has its Qualcomm AI200 and AI250 accelerators based on its Hexagon neural processing units (NPUs) customized for data center AI workloads that are due to ship in 2026.…

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