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Qualcomm Chief Says AI Could Revive Smartphone Market

Sep 06, 2023 - pymnts.com
Qualcomm CEO Cristiano Amon believes that artificial intelligence (AI) could help revive the smartphone market. He sees significant potential in AI and expects the company's Snapdragon Summit in October to lead to major advancements in mobile technology. Despite a decline in smartphone sales, PYMNTS Intelligence found that consumers are interested in using AI-powered technology on their smartphones, particularly voice technology in emergency situations.

Qualcomm is collaborating with Meta to make the latter's Llama 2-based AI implementations available on smartphones and PCs. These implementations, which are expected to launch next year, will allow developers to use the AI capabilities of Qualcomm’s Snapdragon platforms for applications and move them on-device.

Key takeaways:

  • Qualcomm CEO Cristiano Amon believes that artificial intelligence (AI) can help revitalize the smartphone market, with the upcoming Snapdragon Summit potentially paving the way for major developments in mobile technology.
  • Global smartphone sales fell 11.3% year-over-year to 1.21 billion last year, but PYMNTS Intelligence finds that consumers are interested in using AI-powered technology on their smartphones.
  • More than half of consumers would use voice technology during emergencies, with millennials being the most open to this idea.
  • Qualcomm is collaborating with Meta to make the latter's Llama 2-based AI implementations available on smartphones and PCs, with a launch set for next year.
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