Qualcomm is in discussions to acquire AI chip startup Tenstorrent in a deal that could value the company at $8 billion to $10 billion, according to a report. Tenstorrent is led by veteran chip architect Jim Keller and focuses on RISC-V-based AI accelerators, with backing that includes Samsung and Bezos Expeditions. If completed, the acquisition would bolster Qualcomm’s position in AI training and inference chips and take aim at Nvidia’s dominance in data center AI hardware. The report also noted Intel, Apple and Tesla among companies that have expressed interest.

Finnish AI infrastructure company Verda, formerly known as DataCrunch, said it has reached a $100 million revenue run rate after expanding tenfold over the past 18 months. The company has also been named one of a small number of NVIDIA Preferred Partners globally. Verda counts AI-heavy customers such as 1X, ExpressVPN and Freepik, and says it can deliver GPU capacity quickly through its own data centers and compute resources. The results underscore how demand for high-end GPUs from downstream AI applications continues to outstrip supply, reinforcing NVIDIA’s central role in hardware distribution.