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Qualcomm Inc. has announced the acquisition of Alphawave IP Group plc, a U.K.-based provider of technology for linking together chips, in a $2.4 billion deal. The transaction, announced on June 9, 2025, represents a 98% premium to Alphawave's last unaffected trading price at £1.83 per share. Qualcomm stated that the acquisition will support its efforts to grow its share of the data center chip market. The company revealed that Alphawave's technology will "complement Qualcomm's next gen custom Qualcomm Oryon CPU," suggesting plans to launch a data center version of its Oryon central processing unit series, which is currently only available for laptops. The acquisition is particularly significant for Qualcomm's AI strategy, as Alphawave's technology is also described as complementary to Qualcomm's Hexagon product line—a family of NPUs (neural processing units) optimized to run AI models. Alphawave designs interconnects that can link together multiple compute modules into a single system-on-chip (SoC), including their AresCORE technology which can move data at rates up to 64 gigabits per second per millimeter of shoreline. The deal is expected to close in the first quarter of 2026, with Alphawave investors holding about half the company's shares already approving the transaction.

Open Core Ventures (OCV) has just unveiled Kernelize Inc., an innovative AI compiler platform designed to "bridge the CUDA moat" by auto-generating optimized backends for a wide variety of hardware targets. Built on the open-source Triton compiler, Kernelize lets developers write high-performance GPU kernels in Python once and deploy them across GPUs, NPUs, TPUs, and more—eliminating lock-in to any single vendor's proprietary stack. Founded by industry veteran Simon Waters, whose résumé includes leading AMD's Triton contributions and co-creating the Catapult C Synthesis tool, Kernelize aims to democratize AI performance and accelerate hardware-agnostic innovation.