Qualcomm is reportedly in talks to provide custom chip-design services, with ByteDance (TikTok's parent company) considering using their chip services.

The entities involved

• Qualcomm →

  American global semiconductor company

  • Talks regarding potential acquisition of AI-chip startup Tenstorrent involving Qualcomm.Mon 10:59
  • Norges Bank bought a new position in Qualcomm shares, coinciding with buy ratings and price targets from TD Cowen, reported by MarketBeat.Mon 06:47
• ByteDance →

  Chinese Internet and technology company

  • Anthropic, ByteDance, and Colossal Biosciences are noted as potential investment targets within a private technology portfolio.Mon 10:27
  • Shaires Holdings Ltd is building indirect stakes and committing funds to several AI companies, including Moonshot AI, Anthropic, and ByteDance.Mon 10:27
• TikTok →

  video-focused social media platform

  • PBS is leveraging social media platforms like YouTube, Instagram, and TikTok to grow its audience and attract top talent for future projects.Mon 17:13
  • The FBI is investigating election fraud in Los Angeles, following claims documented in a TikTok video.Mon 15:13

Related events

• Qualcomm, led by Cristiano Amon, is strategically pivoting its business focus into the growing markets of Artificial Intelligence (AI) and the Internet of Things (IoT).Jun 25
• Qualcomm is identified as a leading innovator and manufacturer.Jun 7