Qualcomm believes that AI will demand more computing power than what we can see from the cloud. The mobile chipmaker also sees the opportunity as a transition to becoming an AI-focused company in the future.
Qualcomm On its Way to Becoming Intelligence Edge Computing Firm
A visitor walks past the stand of American multinational corporation Qualcomm at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on March 2, 2023.
The emergence of AI platforms such as ChatGPT and Google Bard has prompted the tech industry to start embracing the power of artificial intelligence. When OpenAI launched the popular chatbot, everyone was thinking if the next digital era would revolve around next-level machine learning and computing.
Qualcomm's senior VP Alex Katouzian told the viewers during a recent keynote speech that the company is preparing to transition into an "intelligent edge computing" leader, according to Network World.
The Computex show, which was held in Taipei, also shared a glimpse of the potential size of the AI market in the future.
Qualcomm is betting that with the advancement of AI tools, the computing power that is required will be much higher than the usual cloud system can provide.
Back in February, the smartphone processor maker unveiled that the 5G Advance-ready-modem RF system will first become available to the SnapdragonX75.
Having said that, the company boasts that its processing power will be 2.5 times faster than the previous model. Qualcomm hopes that this innovation will help them succeed in attracting more customers who value the smartphone's power efficiency, coverage, and mobility.
Because of the limitation of local devices in handling cloud data, the AI workloads might not be able to accommodate all of them at once, according to Katouzian in the same keynote speech.
"As growth in the number of connected devices and data traffic continues to accelerate and data center costs climb, it simply won't be possible to send everything to the cloud," Katouzian said.
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AI-Related Services Keep on Improving
When a company meets the demand of the customers in the fastest possible way, this opportunity gives it leverage over other competitors. It drives an increase in shares as you comply with the needs of the users.
More users are leaning into AI tools or any AI-related products, that's why it's important to reshape the business model into something new. Yahoo reports that Taiwan's Asustek Computer Inc. is making a huge shift to development by rolling out AI-centered services to its customers.
The skyrocketing revenue that Nvidia experienced for the current quarter is a clear sign that adapting to changes is good. Qualcomm expects to see the same fate for the next few quarters of 2023 as it fell short last time. It discovered that the demand for mobile devices was slowly circulating globally.
For now, we're in a waiting game to witness the shipment of the Oryon CPU architecture by 2024. This will be a game changer for Qualcomm Snapdragon devices when it comes to AI workloads.
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