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The explosive popularity of ChatGPT is an opportunity to show off the capabilities of artificial intelligence on smartphones, according to chip company Qualcomm 's chief executive. "This is the milestone we've been waiting for to establish Qualcomm as an AI company," Cristiano Amon told CNBC at the Mobile World Congress in Barcelona. Developed by research company OpenAI, chatbot ChatGPT has been shared widely online, as users ask it to answer questions, generate text or provide detailed, responsive information. Qualcomm recently released videos of text being used to generate AI images on an Android phone, which it also demonstrated at the conference. "For you to make that happen, you can't run everything in a data center, you're going to have to bring the AI to the devices."
Apple is moving to in-house 5G modem chips for its 2024 iPhones, as far as the chief executive of Qualcomm — which currently produces them for the tech giant — is aware. "We're making no plans for 2024, my planning assumption is we're not providing [Apple] a modem in '24, but it's their decision to make," Cristiano Amon told CNBC at the Mobile World Congress in Barcelona. Apple's most recent iPhone 14 models use Qualcomm modems, but the company has been looking to go solo in the wireless connectivity market for some years. It bought Intel's modem business in 2019 and there had been speculation it would begin using in-house parts this year. Amon did not confirm whether Apple would pay Qualcomm QTL licenses if it moves to its own modems, but said royalty was "independent from providing a chip."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChatGPT a 'milestone' for Qualcomm as it showcases A.I. smartphone capability, CEO saysQualcomm CEO Cristiano Amon on the ability to bring A.I. language models to smartphones and the next frontier of "mixed reality."
Qualcomm CEO says no plans to provide Apple modem in 2024
  + stars: | 2023-03-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm CEO says no plans to provide Apple modem in 2024Cristiano Amon, CEO of semiconductor firm Qualcomm, discusses Apple's move into making its own modem, the company's legal battle with Arm, and how A.I. will impact the smartphone market.
Qualcomm CEO Says AI and VR Are Future of BusinessChip makers, like Qualcomm, have been hit by the slowdown of smartphone sales. But the company's CEO says focusing on more sophisticated computing tasks, like supporting artificial intelligence, and virtual reality are the company’s future. Cristiano Amon spoke with Wall Street Journal senior personal tech columnist Joanna Stern at MWC. Zoe Thomas of WSJ Tech News Briefing hosts. Photo by Josep Lago/Getty Images.
U.S. President Joe Biden has appointed the heads of Citigroup , United Airlines , CVS , 3M and FedEx , among other top executives, to sit on a White House advisory committee overseeing international trade. The President's Export Council gives recommendations and insight into the ways government policies impact U.S. trade performance. The group also provides feedback on how Biden's trade policies are affecting businesses across sectors from industry and labor to agriculture. She previously served as chief operating officer and group president of Starbucks and CEO of Sam's Club. The Export Council features expertise from labor, real estate, national security and law, and leaders of Fortune 200 companies.
Israeli President Isaac Herzog’s job is largely ceremonial, but his words can carry weight in a deeply divided country. TEL AVIV—Israeli President Isaac Herzog on Sunday asked Prime Minister Benjamin Netanyahu to delay making changes to the judicial system and appealed for a compromise with opponents who say the plans threaten the country’s democracy. Mr. Netanyahu’s recently sworn-in government is advancing plans that would give the ruling coalition control over appointing judges and allow a simple majority of lawmakers to override decisions by the country’s Supreme Court. The plan would also limit which cases the court can hear.
Since the launch of ChatGPT late last year, no one in the tech world can seem to stop talking about artificial intelligence. CEO Sundar Pichai announced Thursday that the company will launch its LaMDA language model and new AI features "very soon ." But it's not just technology companies rethinking AI. We combed through earnings transcripts available through FactSet to find out what some of the biggest tech companies are saying about the latest craze and who could benefit the most. Preparing for an 'AI arms race' in tech There's no question that Microsoft stands to gain from ChatGPT and the AI push on Wall Street.
Here's how the company did:Earnings: $2.37 per share, adjusted, vs. $2.34 per share as expected by analysts, according to Refinitiv. $2.37 per share, adjusted, vs. $2.34 per share as expected by analysts, according to Refinitiv. Revenue: $9.46 billion, vs. $9.60 billion as expected by analysts, according to Refinitiv. Qualcomm's overall revenue decreased 12% year over year in the quarter, which ended Dec. 25, according to a statement. In the quarter Qualcomm and Renault Group announced an extension of their collaboration and said Qualcomm would invest in Ampere, the automaker's electric and software company.
Here's the Club's condensed earnings reaction for Starbucks, Ford Motor and Qualcomm. Guidance Starbucks' fiscal 2023 guidance remains unchanged, CFO Rachel Ruggeri said on the company's earnings call, despite continued headwinds related to China's Covid recovery. Ford Motor Quarterly commentary Ford Motor (F) reported a messy fourth quarter Thursday, with adjusted earnings per share coming in well below Street expectations and overshadowing a topline revenue beat. F 5D mountain Ford (F) 5-day performance Guidance Ford said Thursday it expects full-year adjusted earnings before interest and taxes to total between $9 billion and $11 billion. Qualcomm Quarterly commentary Qualcomm 's (QCOM) fiscal 2023 first-quarter earnings topped analysts' estimates Thursday, despite lighter-than-projected revenues in the three months ended Dec. 25.
On Monday, South Korean President Yoon Suk Yeol announced that the United Arab Emirates had pledged a staggering $30 billion in investment in the Asian country. The news came after the leaders of the two nations held talks in Abu Dhabi on Sunday, in a landmark trip that marked the first-ever state visit to the UAE by a South Korean president, according to a statement from Yoon’s office. In total, representatives from approximately 100 South Korean companies traveled with the president, according to his office. Some South Korean firms also agreed to build farms for tomatoes and strawberries in the UAE, a country that relies heavily on imports of agricultural products. Going forward, South Korea “will be a key partner in the global supply chain,” using its expertise in sectors such as semiconductors and steel-making to help stabilize supply chains, he pledged.
Qualcomm CEO Cristiano Amon said Tuesday the chipmaker's move beyond smartphones is working — but we want to see the Club holding's upcoming earnings report before we rethink our cautious approach. In a similar way, Qualcomm also is expanding its presence in the automotive industry as cars become more technologically advanced. Amon also downplayed the company's reliance on Apple, which has been working to replace Qualcomm's chips with its own 5G modem chip . The Club has generally adopted a cautious approach to Qualcomm in recent months, particularly after that November earnings print with weak guidance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm CEO: We'll need to double total semiconductor manufacturing in the next decadeQualcomm CEO Cristiano Amon joins 'Squawk Box' to discuss how Amon's navigated the trying time for semiconductor companies, Qualcomm diversifying its supply chains, and more.
BAGHDAD—Iraqi Prime Minister Mohammed al-Sudani defended the presence of U.S. troops in his country and set no timetable for their withdrawal, signaling a less confrontational posture toward Washington early in his term than his Iran-backed political allies have taken. “We think that we need the foreign forces,” Mr. Sudani said in his first U.S. interview since taking office in October, referring to the American and North Atlantic Treaty Organization troop contingents that train and assist Iraqi units in countering Islamic State but largely stay out of combat. “Elimination of ISIS needs some more time,” he added.
Watch CNBC's full interview with Qualcomm CEO Cristiano Amon
  + stars: | 2023-01-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Qualcomm CEO Cristiano AmonQualcomm CEO Cristiano Amon joins ‘TechCheck’ to discuss why his company is going all-in on the auto business — at CES 2023, the mobile chipmaker announced a processor chip for the car called Snapdragon Ride Flex SoC.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are all in on the auto business, says Qualcomm CEO Cristiano AmonQualcomm CEO Cristiano Amon joins 'TechCheck' to discuss why his company is going all in the auto business — at CES 2023 in Las Vegas, the chipmaker announced a processor chip for the car called Snapdragon Ride Flex SoC.
Jan 4 (Reuters) - Japan's Sony (6758.T) on Wednesday unveiled a prototype of the new "Afeela" electric vehicles it will build together with Honda (7267.T), using digital chassis from hardware maker Qualcomm Inc (QCOM.O). The Afeela, which sported rounded corners and a sleek black roof, will use more than 40 sensors, Yashuhide Mizuno, the chief executive of Sony Honda Mobility, told the trade show. It will also use the "Unreal Engine" 3-D creation tool from Epic Games, the maker of the "Fortnite" series of games. Qualcomm CEO Cristiano Amon, who also appeared at the CES presentation, said the car would use Qualcomm's "Snapdragon" digital chassis. The venture between Sony Group Corp and Honda Motor Co Ltd aims to deliver its first electric vehicles by early 2026 in North America.
Jan 4 (Reuters) - Sony and Honda's electric vehicle joint venture will work closely with U.S. firm Qualcomm Inc (QCOM.O) on the new "Afeela" cars, the chief executive of Sony Honda Mobility, Yasuhide Mizuno, told the CES 2023 technology trade show in Las Vegas on Wednesday. Qualcomm CEO Cristiano Amon, who also appeared at the CES presentation, said the car would use Qualcomm's "Snapdragon" digital chassis. The venture between Sony Group Corp (6758.T) and Honda Motor Co Ltd (7267.T) aims to deliver its first electric vehicles by early 2026 in North America. Reporting by Kiyoshi Takenaka; Writing by David Dolan Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.
NFL roundup: 49ers clip Raiders in OT, win 9th straight
  + stars: | 2023-01-02 | by ( ) www.reuters.com   time to read: +12 min
Jones completed 19 of 24 passes for 177 yards and had 11 carries for a team-high 91 rushing yards. Buccaneers 30, Panthers 24Tom Brady threw three touchdown passes to Mike Evans and orchestrated a fourth-quarter comeback as Tampa Bay clinched the NFC South by beating visiting Carolina. Jerick McKinnon caught two touchdown passes and Blake Bell also made a scoring grab for the Chiefs (13-3). Cooper caught touchdown passes of 46 and 33 yards and running back Nick Chubb had 104 yards on 14 carries. Seahawks 23, Jets 6Geno Smith threw two touchdown passes as Seattle remained in the playoff race with a win against visiting New York.
CNN —The NFL and the NFL Players Association are looking into an incident in which an apparent head injury to New England Patriots wide receiver DeVante Parker seemingly went unnoticed by medical staff and spotters, league spokesman Brian McCarthy tells CNN. Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Whether it be draft position or playoff seedings, each game means something to each team as Week 14 of the NFL season kicks off in earnest on Sunday. And, as a result, the Jets’ season has metamorphosed from shoots of optimism to playoff hopes. Sunday will see Tom Brady face off against seventh-round rookie Brock Purdy as the Tampa Bay Buccaneers travel west to face the San Francisco 49ers. Despite playing his first meaningful action and with his team’s season possibly on the line, Purdy never looked fazed, leading the 49ers to an important victory. Australia: NFL Game Pass, ESPN, 7PlusBrazil: NFL Game Pass, ESPNCanada: CTV, TSN, RDS, NFL Game Pass on DAZNGermany: NFL Game Pass, ProSieben MAXX, DAZNMexico: NFL Game Pass, TUDN, ESPN, Fox Sports, Sky SportsUK: NFL Game Pass, Sky Sports, ITV, Channel 5US: NFL Game Pass, CBS Sports, Fox Sports, ESPN, Amazon Prime
Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Tony Gutierrez/AP Buffalo wide receiver Stefon Diggs digs into a turkey leg after the Bills defeated Detroit on Thanksgiving Day. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.
Gary McCullough/AP Green Bay Packers wide receiver Samori Toure is tackled by Detroit Lions safety Will Harris. Norm Hall/Getty Images Buffalo Bills quarterback Josh Allen hurdles Kansas City Chiefs safety Justin Reid as he scrambles for a first down. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J. To see if history repeats itself with a Cowboys win, or if the Giants can pull off the upset, tune in on Thursday at 4:30 p.m. Bill Belichick’s team could be on the cusp of a hot streak and are hitting the Vikings game at just the right time.
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