Coredge and Qualcomm - Press Release

October 23, 2024 – Noida, Uttar Pradesh, India — Coredge IO Pvt Ltd, a pioneer in sovereign AI and cloud platforms, and Qualcomm Technologies, Inc., a global leader in innovative wireless technology, have announced a strategic partnership to launch an AI Inference-as-a-Service platform. Powered by Qualcomm® Cloud AI 100 Ultra, this platform is set to democratize AI inference by providing businesses of all sizes access to cost-effective, scalable AI solutions. The official launch will take place at the India Mobile Congress 2024.

AI inference has traditionally been resource-intensive, making it challenging for smaller businesses and startups to adopt. Coredge’s AI Inference-as-a-Service platform, designed in collaboration with Qualcomm Technologies, offers a pay-as-you-go model, drastically reducing the Total Cost of Ownership (TCO) for AI inference. Leveraging Qualcomm’s AI 100 Ultra, the platform promises high performance per watt, enabling AI developers, enterprises, and even individual enthusiasts to run large AI models efficiently and affordably.

Arif Khan, CEO of Coredge IO, remarked, "At Coredge, we are committed to making AI more accessible, secure, and affordable. By partnering with Qualcomm Technologies, we’re providing a platform that delivers the industry’s best cost-to-performance ratio, allowing customers to pay only for the resources they use."

This collaboration aims to significantly boost India’s cloud AI ecosystem by offering developers and enterprises an advanced, scalable solution. Qualcomm’s Senior Vice President and President of Qualcomm India, Savi Soin, emphasized, "We are excited to partner with Coredge IO to deliver innovative cloud AI solutions that align with India’s AI direction. Together, we will help businesses and developers overcome the challenges of AI inference costs while driving sustainable, efficient AI compute."

The Coredge-Qualcomm platform will also support key government-backed initiatives such as the Bhashini Project, enabling AI solutions for regional languages. Additionally, Coredge plans to transition the platform to a decentralized Web 3.0 architecture, leveraging blockchain for distributed AI resource sharing, further lowering costs and increasing accessibility.

Coredge.io is a sovereign AI and cloud technology leader, providing secure, scalable cloud solutions for government and enterprise clients. Their innovative platforms focus on data sovereignty and AI-driven efficiency.

Qualcomm Technologies, Inc. is a world leader in the development and commercialization of foundational technologies for wireless communications, AI, and advanced computing solutions.

This partnership marks a significant step toward making AI more accessible and affordable, empowering businesses of all sizes to harness the full potential of AI without the burden of high computational costs.