At the 2024 Mobile World Congress in Barcelona, Spain, Qualcomm made waves by showcasing its latest generation of chips and AI models for mobile devices. The company’s CFO and COO, Akash Palkhiwala, took the stage to discuss Qualcomm’s artificial intelligence hub and the various use cases across devices.
One of the highlights of Qualcomm’s presentation was the AI hub, which allows developers to easily access and deploy more than 75 language models for a variety of applications. Palkhiwala emphasized the potential of deploying large language models on edge devices such as phones, PCs, automotive, and IoT devices, with Qualcomm’s chips playing a crucial role in making these deployments seamless for developers and consumers.
The unveiling of Qualcomm’s new chip, Snapdragon 8 Gen 3, showcased advanced AI capabilities for running AI models on mobile devices. Palkhiwala also underscored the impact of generative AI in driving the next smartphone supercycle and expanding the market.
In a further show of Qualcomm’s industry leadership, Apple recently announced its decision to continue using Qualcomm’s 5G modems until 2027, highlighting the strong relationship between the two companies. Qualcomm’s strategic positioning at the center of the AI hype phase has allowed the company to pull together an ecosystem that brings great use cases for consumers.
Looking ahead, Qualcomm is optimistic about revenue and market share growth as customers launch new devices that leverage the advanced AI capabilities of its chips. With a focus on innovation and collaboration, Qualcomm is poised to continue driving the evolution of AI in the mobile industry.
