This is a really interesting video to watch for anyone who has the time. Filmed 3 weeks ago with Qualcomm CEO Cristiano Amon and Wall Street columnist Joanna Stern. Significant points for me were:
On a side note, it's hard not to believe that we'll be working in with Qualcomm in sone of these 60+ AR, VR, MR devices at some point, seeing this is our sweet spot with Prophesee.
- Cristiano is convinced the largest growth opportunity area for AI is NOT in the data centre
- Discussion around stable diffusion, faster speed, real-time contextual understanding
- Shipping of Qualcomm's new SOC for custom CPU expected in September of October with products coming out in late 2023 and more products to be launched at CES 2024
- Cristiano mentions that of the 60+ virtual reality, augmented reality and mixed reality devices that are out there, the ALL use Qualcomm silicon
- Software defined vehicles are the "must have" in the automotive sector
In terms of the focus on the software defined vehicle, I am reminded that Mercedes EQXX is the most advanced and efficient software designed vehicle ever built and it utilized BrainChip's Akida neuromorphic prowess for keyword spotting.
3,151 views 9 May 2023
Qualcomm President and CEO Cristiano Amon speaks with Wall Street Journal columnist Joanna Stern. The conversation begins with a discussion of the benefits of the transition from 4G to 5G, and the inevitability of technologies like 5G mmWave. Amon says that 5G mmWave will become ubiquitous soon, much like Wi-Fi is today.
Amon and Stern then transition to a discussion about contraction in the smartphone market. Rather than representing a new normal, Amon explains that there are three challenges facing the smartphone market: macro headwinds, inventory surpluses, and supply chain shortages. Consumers aren’t as willing to spend money on new smartphones in the short-term — spending their money on other digital devices instead of on handset upgrades — and manufacturers are sitting on a glut of product. Amon does believe that the market is experiencing a correction and should normalize by June 2023.
The conversation shifts to AI, specifically Qualcomm’s high performance on-device demo of Stable Diffusion — a generative AI model that creates images based on text inputs — and the huge opportunity it represents for Qualcomm. Amon explains that Qualcomm’s vision for the Connected Intelligent Edge is happening in real-time as the increased performance of power-efficient edge devices enables them to run advanced applications like large AI models — something that seemed impossible a few years ago.
Amon and Stern also discuss an extremely successful part of Qualcomm’s diversification plan: automotive. Qualcomm’s automotive business has grown 58 percent in the past year, despite challenging macro headwinds. As cars become increasingly connected to the cloud, Qualcomm auto tech delivered by the Snapdragon Digital Chassis has become industry standard. Rounding out the conversation, Amon and Stern discuss the many ways that Qualcomm is disrupting and revolutionizing the automotive landscape. Copyrighted 2023. Dow Jones & Company, Inc.
Special guest appearance: