Qualcomm joined Nvidia and AMD in a US$700 million Series A funding round for AI startup Hark, which is valued at US$6 billion. Hark is developing foundation models, software and AI-focused hardware for a next-generation personal assistant platform, and Qualcomm Ventures' participation links the chip designer to efforts to bring AI systems to consumer devices over time. The article ties the investment to Qualcomm's target of reaching US$40 billion in non-handset QCT revenue by fiscal 2029, and notes the company reaffirmed a US$0.92 quarterly dividend. It also highlights the broader effort to reduce reliance on smartphones, and points to commentary on Hark and AI assistant workloads in the December 2026 quarter earnings as an early indicator to watch.
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