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Amazon Bets on AI Chip Partnership with Qualcomm Share Warrant Deal
Amazon has tied its work on AI chips to a share warrant in a new deal with Qualcomm. The two companies have announced a multi-generation partnership to co-develop custom AI data center chips.
The agreement includes a warrant giving Amazon the right to acquire Qualcomm shares, with exercise tied to future order volume. This means that if Qualcomm's AI efforts tied to AWS perform well, Amazon will participate financially.
Qualcomm plans to expand its use of Amazon Web Services AI platforms as part of the broader collaboration on large-scale AI infrastructure.