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Qualcomm Challenges Nvidia with New AI Chips as Healthcare and FinTech Startups Raise $46M in AI Funding

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Welcome

Welcome to today's edition of AI Business Weekly. From Qualcomm's bold challenge to Nvidia's AI chip dominance to a $500,000 investment in precision cancer treatment, today's stories showcase AI's expanding frontiers across industries. As healthcare providers gain AI-powered communication assistants and wealth management platforms deploy agentic AI, we're witnessing a fundamental shift in how technology addresses both billion-dollar markets and life-saving medical innovations. Let's dive in.

Qualcomm Announces AI Chips to Compete with AMD and Nvidia

San Diego — Qualcomm has announced plans to release new AI accelerator chips, marking a significant challenge to Nvidia's market dominance and AMD's position as the second-place player in AI hardware. The move comes as tech giants including Google, Amazon, Microsoft, and OpenAI develop their own AI accelerators for cloud services, signaling intensifying competition in the AI infrastructure market. Qualcomm's entry reflects the growing demand for specialized AI processing power as enterprises scale their artificial intelligence deployments. Read more

Vocca Raises $5.5M to Transform Healthcare Communication with AI Phone Assistants

Vocca, an AI startup founded in 2024, has announced a $5.5 million funding round led by Speedinvest and firstminute capital. The platform automates inbound and outbound calls for healthcare providers, managing appointments, reminders, and patient requests. The solution saves medical secretaries more than three hours per day while improving patient access to care. The funding will enable Vocca to scale its AI phone assistant technology across more healthcare facilities facing administrative overload. Read more

MetaTech Secures $25M+ in Seed Funding to Launch Next-Generation Blockchain & AI Investment Ecosystem

MetaTech, a blockchain and AI investment platform, has announced the successful completion of its seed funding round, raising more than $25 million from leading institutions and individual investors. The company is developing MetaChain, a high-speed, EVM-compatible blockchain designed to address scalability, decentralization, and security challenges. This milestone paves the way for MetaTech's upcoming token pre-sales and international expansion as it builds what it calls a human-centered blockchain ecosystem integrating artificial intelligence. Read more

Streetbeat Raises $15 Million to Scale AI-Powered Wealth Management Platform

Palo Alto — Streetbeat, an AI wealth management startup, has closed a $15 million Series A funding round led by CDP Venture Capital through the AI Fund. The platform leverages advanced agentic AI to transform financial advising and retail investing, making sophisticated wealth management tools accessible to a broader market. The fresh capital will accelerate Streetbeat's mission to democratize financial services through artificial intelligence, enabling more personalized investment strategies at scale. Read more

$500K University of Melbourne Genesis Pre-Seed Fund Investment for AI Tool to Accurately Dose Chemotherapy

Melbourne — PredicTx Health, a startup developed by researchers from the University of Melbourne and Western Health, has secured $500,000 from the University of Melbourne Genesis Pre-Seed Fund. The company's AI tool tailors chemotherapy doses to individual patients by analyzing body composition rather than relying solely on the traditional method of calculating body surface area from height and weight. This precision approach aims to improve cancer treatment outcomes by ensuring patients receive more accurate medication dosing based on their unique physiological profiles. Read more

📢 AI's Market Evolution: From Chips to Life-Saving Care

Today's developments reveal AI's maturation from infrastructure battles to practical applications saving time and lives. While Qualcomm's entry into AI chips intensifies competition in the hardware layer, the real story lies in deployment: healthcare administrators gaining hours back in their day, investors accessing sophisticated wealth management, and cancer patients receiving precisely calibrated treatment. With over $46 million in funding announced today alone, capital is flowing toward AI solutions that deliver measurable impact—whether measured in market share, administrative efficiency, or patient outcomes. The AI revolution isn't just about who builds the best chips; it's about who deploys them most effectively.