Qualcomm has acquired Alphawave Semi, a U.K.-based semiconductor company focused on high-speed data center connectivity, for around $2.4 billion.

With Qualcomm’s plan to acquire UK chipmaker Alphawave, the company is trying to expand its AI and data center capabilities and reduce reliance on smartphones.

Qualcomm is boosting its position in the artificial intelligence space, with the acquisition of data center chip specialist Alphawave for $2.4 billion.