Qualcomm to acquire semiconductor firm Alphawave Semi for $2.4B
Qualcomm has agreed to acquire Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion.
According to Qualcomm CEO Cristiano Amon, the deal will help Qualcomm grow its data center business.
'The combined teams share the goal of building advanced technology solutions and enabling next-level connected computing performance across a wide array of high-growth areas, including data center infrastructure,' Amon said in a press release.
Qualcomm's acquisition of Alphawave, which makes a range of wired connectivity and compute technologies, comes a few months after the bigger chip company bought the generative AI division of Vietnamese startup VinAI, as well as internet of things company Edge Impulse. Qualcomm has sought to diversify its portfolio as it faces headwinds, including a weakening smartphone market — smartphone processors make up a big portion of Qualcomm's revenue — and potentially tariffs.
The deal is expected to close during the first calendar quarter of 2026.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Fundwell Acquires EveryStreet, Uniting Payments, Cash Flow and Capital in One Platform
NEW YORK, August 13, 2025--(BUSINESS WIRE)--Fundwell, a leading fintech platform providing fast, flexible, and transparent business financing, today announced the acquisition of EveryStreet, an innovator in accounts receivable (A/R), accounts payable (A/P), and flexible payment enablement. The acquisition brings EveryStreet's team, including co-founders Logan Shedd, Scott Priddy, and Kevin Park into the Fundwell organization to strengthen its technology and product offerings to businesses around the country. EveryStreet's platform is a one-stop shop for managing, distributing, and completing invoices, powered by an embedded checkout solution with a mix of payment and financing capabilities. The platform helps reduce A/R days, improve cash flow, and increase sales conversion, while integrating seamlessly with existing ERP and financial systems to make adoption and scaling simple. The addition of EveryStreet represents a pivotal step in Fundwell's evolution from a leading funding marketplace to a full-scale business growth platform. By combining Fundwell's extensive lender network and credit products with EveryStreet's A/R and A/P management platform, businesses will have the tools to not only access capital when needed but also to proactively manage their cash flow, bridging short-term needs and long-term financial health. "This acquisition is about more than adding new technology. When I think about the most successful outcomes we've created for our customers, it's always been about helping them get control of their entire cash flow picture," said Sruli Anatian, CEO of Fundwell. "EveryStreet gives us a powerful new capability to help businesses manage their receivables, unlock working capital, and even spread out payments on their invoices over time, marking a foundational step in building an end-to-end platform that advises, equips, and finances businesses for long-term success." As part of the acquisition, EveryStreet's technology will be seamlessly integrated into Fundwell's platform, enhancing its capabilities to help businesses get paid faster, access financing more efficiently, and gain greater control over their cash flow. This integration builds on Fundwell's mission to move beyond one-time funding transactions to deliver year-round financial tools that support sustainable business growth. "We founded EveryStreet to help vendors and retailers view their cash position in real-time, providing them with the clarity needed to plan ahead, control expenses, and maximize their profits," said Logan Shedd, Founder of EveryStreet. "For most businesses, cash flow isn't just a metric; it's survival, and by becoming part of Fundwell, we're making it simpler to understand and easier to act on." The acquisition also brings proven leadership and technical depth to Fundwell. Co-founder and CEO Logan Shedd has built a career at the intersection of payments and embedded finance, holding senior roles in lending, operations, and revenue strategy at companies like Octane Lending, ChargeAfter, and LendingClub. Scott Priddy, co-founder and CTO, is a veteran technologist with decades of experience leading architecture and engineering at fintech and payments leaders, including PayPal, Visa, Mastercard, Ally, Vyze, and BGenerous. Kevin Park, co-founder and CPO, combines product management expertise with a finance background from Wharton, having shaped and implemented strategy and market expansion for high-growth startups and Fortune 500 institutions, including Capital One and JPMorgan Chase & Co. Together with their engineering team in the U.S. and Europe, they strengthen Fundwell's ability to accelerate innovation and scale. Sruli Anatian emphasized that the move is not just about technology, but it's about expanding Fundwell's role in the financial lives of its business owners. "Businesses shouldn't only come to Fundwell when they're in urgent need of capital. They should be plugged into our platform year-round, getting insights on where their cash is coming in, where it's going out, and how to bridge the gaps before they become crises," he said. With the acquisition of EveryStreet, Fundwell is advancing toward its vision of becoming the go-to growth partner for businesses by providing the tools, funding, and guidance they need to not only survive cash flow challenges but to thrive well beyond them. The deal closed on August 11, 2025, and integration is already underway. The first phase of the combined platform is set to debut later this year, marking the beginning of a new chapter in how businesses control, optimize, and grow their financial futures. About Fundwell Fundwell is on a mission to redefine business financing with integrity and innovation. By leveraging proprietary AI decisioning and a curated network of lender partners, Fundwell delivers transparent funding options that move at the speed your business demands. Since inception, Fundwell has supported thousands of businesses nationwide, providing over $1 billion in capital to fuel their growth. Learn more at: View source version on Contacts David JosephHead of MarketingDirect: +1-646-290-7187Email: david@
Yahoo
an hour ago
- Yahoo
Wall Street's $150 Billion AI Gold Rush Is Hiding in Plain Sight
Blackstone's (NYSE:BX) QTS Realty Trust just pulled in $1.65 billion through a private bond placement to fund data center expansion across the U.S., according to people familiar with the matter. The bonds span five, seven, and ten-year maturities. No official word yet from Blackstone or QTSbut this marks a meaningful move in a broader credit trend tied to AI infrastructure. Blackstone acquired QTS in 2021 for roughly $10 billion including debt, and this new capital could be part of a longer-term strategy to ride the demand curve created by artificial intelligence workloads. Warning! GuruFocus has detected 5 Warning Signs with BX. They're not alone. Meta Platforms is also loading up, selecting PIMCO and Blue Owl Capital to lead a $29 billion financing package for its Louisiana data center campus. While the market's been focused on semiconductors and software, these quiet credit moves suggest the infrastructure arms race is accelerating behind the scenes. The data center buildout isn't just a tech storyit's fast becoming a credit story. And with institutional investors increasingly targeting long-dated, stable cash flows from physical infrastructure, private markets may become the go-to option for these deals. JPMorgan analysts estimate U.S. data centers will need around $150 billion in permanent financing during 2026 and 2027. That figure could set the stage for one of the largest waves of infrastructure credit deployment in recent memory. The combination of rising regulatory complexity, massive energy needs, and structural demand from AI is creating the kind of environment private lenders like Blackstone thrive in. For investors looking at where capital is quietly flowing before the headlines hitthis could be a space to watch. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
an hour ago
- Forbes
Apple iPhone 16 Pro Prices Cut In New Offers Before iPhone 17 Release
With just weeks to go before the iPhone 17 series goes on sale (on Sept. 19 — full details here), the iPhone 16 Pro and iPhone 16 Pro Max are seeing some serious discounts. Although Apple sells the phones at full price only, there are several U.K. retailers who have knocked £100 ($135) off some iPhone 16 Pro and Pro Max models. And it's worth remembering that as soon as the new iPhones are announced, likely on Tuesday, Sept. 9, the current Pro models will be immediately discontinued — unless there's a radical change from previous years' policies. The iPhone 16 and iPhone 16 Plus are likely to remain in the range alongside iPhone 17 and will drop in price, but if you want the Pro model, they will almost certainly be phased out. Here are some of the best bargains currently. Electrical retail giant Currys is selling the iPhone 16 Pro with 128GB storage for £899 ($1,220), which is £100 ($135) down on the regular sticker price. The same £100 off applies to the 256GB model, which is £999 ($1,356) instead of Apple's £1,099 ($1,491) price. Same deal for the 512GB model, £1,199 ($1,627), instead of the £1,299 ($1,762) you'll pay Apple. The iPhone 16 Pro with 1TB costs £1,399 ($1,899), against Apple's usual £1,499 ($2,034) price. Meanwhile, John Lewis has similar prices, that is £899 ($1,220), for the 128GB model, £999 ($1,356) instead of Apple's £1,099 ($1,491) price for the 256GB model, £1,199 ($1,627) for 512GB and £1,399 ($1,899) for the model with 1TB storage on board. If either of these retailers is sold out, there's another retailer that is currently matching all these prices to the penny: Argos. Currys, John Lewis and Argos are uniform on their prices when it comes to the larger-sized iPhone 16 Pro Max. The model with 256GB storage, which is £1,199 ($1,627) at Apple, costs £100 ($135) less, £1,099 ($1,491), at all three retailers. For the 512GB storage, £1,399 ($1,899) at Apple, you'll pay £1,299 ($1,762) at John Lewis, Currys and Argos. For the 1TB storage model, which costs £1,599 ($2,170) at Apple, all three retailers have a £100 ($135) discount, taking the price to £1,499 ($2,034).
