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Qualcomm-backed firm launches latest AI chips — posing a challenge to giants like Nvidia - TL;DR CNBC

Qualcomm-backed firm launches latest AI chips — posing a challenge to giants like Nvidia

Publishing timestamp: 2024-06-05 02:10:28


Summary

Kneron, an AI chip startup, launched its next-generation products aimed at businesses looking for alternatives to giants like Nvidia and AMD. The company's new products allow businesses to run their own AI applications on-premise, rather than relying on cloud giants for their AI needs. This move comes as Nvidia and AMD also launch their latest AI chips, with Kneron also challenging companies like Intel and AMD in the PC chip market.


Sentiment: NEUTRAL

Tickers: NVDAQCOMAMD

Keywords: generative aiadvanced micro devices incqualcomm inctechnologybusiness newsartificial intelligencenvidia corp

Source: https://www.cnbc.com/2024/06/05/kneron-launches-latest-ai-chips-in-latest-challenge-to-nvidia-amd.html


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