🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

Qualcomm, Alphabet team up for automotive AI; Mercedes inks chip deal

Published 10/22/2024, 03:05 PM
Updated 10/22/2024, 03:11 PM
© Reuters. FILE PHOTO: A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
GM
-
GOOGL
-
QCOM
-
AAPL
-

By Stephen Nellis

(Reuters) - Qualcomm (NASDAQ:QCOM) on Tuesday said it was teaming up with Alphabet (NASDAQ:GOOGL)'s Google to offer a combination of chips and software that will let automakers develop their own AI voice assistants using technology from the two firms.

Qualcomm's chips have long powered mobile phones with Google's Android operating system and the company has expanded into the automotive business, with chips that can power both a car's dashboard and automated driving systems that are used by General Motors (NYSE:GM) and others. On Tuesday, Qualcomm said it is working with Google to create a version of the company's Android Automotive OS that will run smoothly on Qualcomm chips.

While many consumers are familiar with Google's Android Auto and Apple (NASDAQ:AAPL) CarPlay that display apps from a phone when plugged into a vehicle, Google's Android Automotive OS is an offering that automakers use behind the scenes to power a vehicle computing systems. Qualcomm and Google said automakers will be able to use the joint offering and Google's AI technology to create voice assistants that are unique to an automaker and can work without relying on a driver's phone.

© Reuters. FILE PHOTO: A smartphone with a displayed Qualcomm logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

"Typically, we have operated together, but independently - we plan a lot of things together, but we go to customers separately," Nakul Duggal, group manager for automotive at Qualcomm, said of the Qualcomm-Google relationship. "We decided we should think about this differently because it will reduce a lot of friction and confusion."

Qualcomm on Tuesday also rolled out two new chips, one called Snapdragon Cockpit Elite to power dashboards and another called Snapdragon Ride Elite for self-driving features. The company said Mercedes-Benz (OTC:MBGAF) Group plans to use the Snapdragon Elite Cockpit chip in future vehicles, though the two companies did not specify when or in which vehicles the chip will appear.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.