AIThe Information3h ago
Google looked at Earth and wanted more cloud
Filing: Google spent roughly $548M to buy around 3M shares of Qualcomm, which is pushing into serving the AI data center market
TL;DRGoogle invested $548M in Qualcomm shares following Qualcomm's AI chip software acquisition.
Why it matters: Signals Google's confidence in Qualcomm's AI datacenter ambitions and potential competitive threat to Nvidia.
Google's investment arm Google Ventures has acquired nearly 3 million shares of the chip maker Qualcomm, as a result of Qualcomm's purchase of chip software startup Modular …
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