Qualcomm, Meta announce deal to bring LLMs to phones, PCs
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Qualcomm (NASDAQ:QCOM) announced on Tuesday that it is teaming up with Meta Platforms (NASDAQ:META) to bring large language models to run on smartphones and PCs, starting next year.
In a statement, the two companies said that Meta's new LLM, LlAmA 2, will be able to function on Qualcomm (QCOM) chips. Previously, LLMs have largely run on large, complex servers - primarily in the cloud - and have used processors from Nvidia (NVDA) and to some extent, AMD (AMD).

"To effectively scale generative AI into the mainstream, AI will need to run on both the cloud and devices at the edge, such as smartphones, laptops, vehicles, and IoT devices," said Qualcomm senior vice president and general manager of technology, planning and edge solutions businesses Durga Malladi.
San Diego-based Qualcomm (QCOM) added that implementing AI on devices not only helps boost privacy and security concerns, but it does so at a "significantly lower" cost for developers than cloud-based measures.
Qualcomm (QCOM) shares fell 1.4% in mid-day trading on Tuesday, while Meta (META) rose 0.8%.

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