Hark raises $700M in Series A led by Qualcomm, Nvidia, and AMD for AI assistant platform development.
PRIVATENov 02, 2026
Amount Raised
$700 Million
Round Type
Series A
United StatesHardwareArtificial Intelligence
Investors
AmdNvidiaQualcomm
Description
Hark, an AI startup developing foundation models and AI-focused hardware for next-generation personal assistants, closed a $700 million Series A funding round. The round was led by major chip designers Qualcomm, Nvidia, and AMD, valuing the company at $6 billion. Qualcomm Ventures' participation links the semiconductor leader to Hark's efforts to build AI systems for consumer devices. The investment aligns with Qualcomm's strategy to expand non-handset revenue and develop AI assistant workloads beyond smartphones.
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Company Information
Company
Hark
Location
United States
About
Qualcomm is a US semiconductor company with a market cap of US$176.0 billion that develops and commercializes wireless technologies used in smartphones and connected devices. The company is pivoting toward AI-focused initiatives, including participation in AI startup Hark's Series A funding round. Qualcomm aims to grow non-handset revenue to US$40 billion by fiscal 2029, leveraging its chip expertise for AI workloads and data center applications. The company is reducing reliance on smartphones while maintaining capital returns through its quarterly dividend.
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United StatesHardwareArtificial Intelligence