12:07 PM EST, 01/06/2025 (MT Newswires) -- Amazon.com ( AMZN ) and Qualcomm ( QCOM ) said Monday they plan to collaborate to develop artificial intelligence-powered in-vehicle technologies.

The companies said they will combine Amazon's ( AMZN ) AI services and cloud capabilities with Qualcomm's ( QCOM ) Snapdragon digital cockpit platform to deliver personalized in-car experiences.

Amazon Web Services will offer a virtual development environment for Qualcomm's ( QCOM ) automotive chipsets, supporting automakers in developing and testing in-car systems more efficiently, they added.

Qualcomm ( QCOM ) shares were up about 4.7%, while Amazon ( AMZN ) shares were up nearly 2% in recent trading.

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