If the Alphawave acquisition materializes, it would mark Qualcomm’s third buyout since the start of the year. Earlier this week, the chip giant announced that it has bought Vietnamese artificial intelligence research group MovianAI. Qualcomm previously acquired Edge Impulse Inc, a venture-backed provider of AI model development software.

Qualcomm Inc. said it’s weighing an offer for Alphawave IP Group Plc after the London-listed semiconductor company’s shares declined.

Arm and Qualcomm have both reportedly held discussions with Alphawave about a potential takeover. The two chip giants compete in several key markets, including designing

Qualcomm Technologies Inc. today announced that it has acquired MovianAI, a Vietnamese artificial intelligence developer.

Qualcomm offered some bold claims about its future generative AI (genAI) capabilities after acquiring Vietnamese specialist MovianAI, a deal the US company intends to use to target a host of devices including smartphones.