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

Qualcomm is reportedly considering acquiring Tenstorrent, the AI chipmaker founded by former Intel executive Jim Keller, in a deal potentially worth between $8 billion and $10 billion. This move would significantly bolster Qualcomm's position in the fast-growing AI chip market, providing it with advanced RISC-V-based technology. Tenstorrent's expertise in AI accelerators and CPUs could help Qualcomm better compete with rivals like AMD and Intel, especially as demand for AI technologies continues to surge across various sectors.