01:04 PM EDT, 05/20/2024 (MT Newswires) -- Microsoft ( MSFT ) is planning to showcase certain artificial intelligence devices ahead of its annual Build developer conference that starts Tuesday, Reuters reported Monday.

The company is set to introduce a new version of its Surface Pro tablet and Surface Laptop having Qualcomm ( QCOM ) chips based on Arm Holdings' ( ARM ) architecture, the report said, adding that the unveiling will take place on Microsoft's ( MSFT ) Redmond, Washington, campus.

The in-person event is open to journalists and industry analysts only, Reuters said.

The Qualcomm Snapdragon X Elite chips have a so-called neural processing unit that boosts AI-focused applications, the report said.

Microsoft ( MSFT ) partnered with Qualcomm ( QCOM ) in 2016 to transition Windows to Arm's chip designs, and Qualcomm's ( QCOM ) exclusive rights to Windows devices are ending this year, the report added.

Microsoft ( MSFT ), Qualcomm ( QCOM ), and Arm did not immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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