The talks were ongoing and the price could change, or the discussions could fall apart, according to the report. It was not clear if the price will include performance-based milestone payments, a structure used in the past to buy chip startups, the Information added.

Qualcomm has been in talks to buy Tenstorrent, a startup that designs chips for AI, according to a person with direct knowledge of the deal. The two companies have discussed a…

June 15 : Chip designer Qualcomm is in talks to acquire AI chip startup Tenstorrent at a price of between $8 billion and $10 billion, The Information reported on Monday, citing a…