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Multiverse Computing partners with Qualcomm to optimise AI models for Dragonfly accelerators. Multiverse Computing is partnering with Qualcomm to optimise AI models for its Dragonfly AI200 and AI250 accelerators, promising faster, more efficient data centre inference without added hardware, as demonstrated at Mobile World Congress. Multiverse Computing has announced a collaboration with Qualcomm Technologies, Inc. aimed at optimising AI models for use with Qualcomm Dragonfly AI200 and AI250 accelerators in data centres. The collaboration combines Qualcomm Technologies' AI acceleration hardware with Multiverse Computing's model optimisation technology, intended to allow large-scale AI workloads to run with what the companies describe as improved performance and lower power consumption. According to Multiverse Computing, optimising AI models before they run on the Qualcomm Dragonfly AI200 and AI250 accelerators reduces the compute and memory footprint each model requires. The company says this frees up capacity on existing deployments, allowing operators to serve more inference requests, run more models concurrently, or scale AI services without adding new accelerators or expanding data centre infrastructure. Mobile World Congress demonstration. The companies demonstrated the technology at Mobile World Congress in March 2026, showing a compressed open-source large language model running on a Qualcomm Cloud AI100 Ultra accelerator. In a real-time emergency medical reporting use case, the companies reported that the compressed model delivered up to 93% faster response times and up to 44% higher throughput than the uncompressed base model, while reducing memory usage by up to 45% and power consumption by up to 21%, with no reported loss in accuracy. In a second demonstration, an on-premises Retrieval-Augmented Generation (RAG) chatbot for querying confidential financial documents reportedly ran up to 35% faster and delivered up to 54% higher throughput, while cutting memory usage by up to 45% and power consumption by up to 14%, again with no reported loss in accuracy. The companies say applications running on the Qualcomm Dragonfly AI200 and AI250 accelerators are expected to show further improvements in these benchmarks. The companies describe the collaboration as part of a broader industry shift toward efficiency-focused AI infrastructure, as operators look to scale AI deployments without a proportional increase in hardware, energy use, and cost.

Qualcomm appoints Wassim Chourbaji as SVP and president, Qualcomm EMEA. August 4, 2026 | Posted by LG Content Team Chourbaji will be responsible for leading and executing Qualcomm's strategy across the region Qualcomm Incorporated has announced the appointment of Wassim Chourbaji as senior vice president and president of Qualcomm Europe, Middle East and Africa (EMEA). Chourbaji's appointment is effective immediately. Chourbaji will be responsible for leading and executing Qualcomm's strategy across the region and advancing the company's strategic priorities across businesses. Chourbaji has been with Qualcomm for more than 20 years and has held a variety of leadership positions across the company. Most recently, he served as President of Qualcomm Middle East and Africa (MEA) and led Qualcomm's government affairs organization across EMEA. Enrico Salvatori, who has led Qualcomm's EMEA business for more than two decades, has decided to retire from Qualcomm in June 2027 after 25 years with the company. Effective immediately, Salvatori will assume the role of Chairman and will continue to lead the EMEA Automotive business until his retirement. "EMEA is an important region for Qualcomm, and we remain committed to investing in its long-term growth and success, under Wassim's leadership experience, strategic vision and ability," said Akash Palkhiwala, Chief Financial Officer and Chief Operating Officer, Qualcomm Incorporated.

Qualcomm's stock has fallen 44% from recent highs following weak fiscal third-quarter 2026 results. Revenue declined 4% year-over-year to $9.9 billion, with the CDMA Technologies segment dropping 5% to $8.5 billion, driven by a 20% decline in handset revenue. Adjusted earnings per share fell roughly 20% to $2.21. The company faces pressure from reduced Android smartphone production and rising costs across wafer fabrication and packaging. Qualcomm also warned that its share in Apple's upcoming iPhone launch will be materially below the earlier 20% expectation. Despite near-term challenges, the company is expanding into data centres, automotive, and IoT markets to reduce dependence on handsets.