35 AI News You Should Not Miss

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11. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 100 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. Latest reports indicate that aerospace and defense Honeywell has expanded a collaboration with the chipmaker to develop new AI-enabled solutions for the energy sector. Through the collaboration, Honeywell intends to incorporate the connectivity and AI capabilities of chips marketed by the latter into existing AI-powered applications, such as the Honeywell Field Process Knowledge System. By integrating these capabilities, the Field PKS will better be able to help provide connectivity to remote corners of plant and manufacturing facilities and enable greater data capture and analytics at the edge.

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