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Qualcomm Unveils Latest Snapdragon 8 Gen 2 Processor

The new chip features hardware ray tracing, powerful AI capability, Wi-Fi 7, and a ton of raw power.

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qualcomm unveils latest snapdragon 8 gen 2 processor

Qualcomm’s Snapdragon Tech Summit (held simultaneously in China and Hawaii) has kicked off in style this year, with the announcement of the company’s latest system-on-chip (SoC) smartphone processors. The newest line of chips is known as the Snapdragon 8 Gen 2 and will deliver significant improvements in performance and efficiency, as well as being what Qualcomm describes as “purpose-built for AI.”

The new chip boasts a 4.35x improvement in performance and a staggering 60% boost to its power-per-watt efficiency. Snapdragon 8 gen 2 will also feature dedicated AI processing in the modem portion of the chip, improving throughput and range, and supporting 10Gbps speeds.

Graphics (GPU) performance will also receive a considerable spec bump, with the new chip featuring an improved Adreno GPU with hardware ray tracing that only draws a measly 5w of power. According to Qualcomm, the updated GPU also supports “Vulkan 1.3, HDR Vivid, Adaptive HDR, OLED aging compensation, and Unreal Engine 5 MetaHumans, with a 25% increase in performance and power efficiency.”

Other upgrades to the Snapdragon 8 Gen 2 include Wi-Fi 7 connectivity, dual Bluetooth, a new 3.2GHz Arm Cortex X3 high-performance core, and support for dynamic spatial audio.

AI Processing Power

snapdragon 8 gen 2 ai performance

As well as a substantial overall boost to specs, Qualcomm is keen to show off Snapdragon 8’s AI engine, which features a dedicated power plane and double the power from the chip’s tensor processing cores. Thanks to a feature known as Hexagon Direct Link, fast, real-time AI processing will be possible, which will aid the chip when put to work on complex tasks such as text-to-speech, photography, and other power-hungry computational tasks.

Improved Sensor Hub

Finally, Qualcomm’s new Snapdragon 8 chip will also use its updated AI smarts to enable real-time monitoring, allowing devices equipped with the processor to utilize the camera even while sleeping. This feature will allow QR codes to be scanned, and add the ability to actively monitor user activity, meaning notifications won’t appear to unauthorized viewers.

So when can we expect manufacturers to start using the new Snapdragon chip? Qualcomm has already partnered with the likes of OnePlus, Motorola, Sony, and Asus. That means we might see newly updated phones shipping by the end of the year — though if you’re a Samsung fan, you might have to wait until 2023 to see the processor in action in the Galaxy S23 series.

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PayPal & TerraPay Join Forces For Cross-Border MENA Payments

The collaboration will be especially helpful in regions where traditional banking infrastructure is limited or inconsistent.

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paypal and terrapay join forces for cross-border mena payments

PayPal has teamed up with TerraPay to improve cross-border payments across the Middle East and Africa. The move is designed to make it easier and faster for users to send and receive money internationally, especially in regions where traditional banking infrastructure can be limited or inconsistent.

The partnership connects PayPal’s digital payments ecosystem with TerraPay’s global money transfer network. The goal is to streamline real-time transfers between banks, mobile wallets, and financial institutions, significantly improving access for millions of users looking to move money securely and efficiently.

Through the partnership, users will be able to link their PayPal accounts to local banks and mobile wallets using TerraPay’s platform. This means faster transactions and fewer barriers for individuals and businesses across the region.

“The Middle East and Africa are at the forefront of the digital transformation, yet financial barriers still limit growth for many,” said Otto Williams, Senior Vice President, Regional Head and General Manager, Middle East and Africa at PayPal. “At PayPal, we’re committed to changing that […] Together, we’re helping unlock economic opportunity and build a more connected, inclusive financial future”.

For TerraPay, the deal is a chance to scale its reach while reinforcing its mission of frictionless digital transactions.

“Our mission at TerraPay is to create a world where digital transactions are effortless, secure, and accessible to all,” said Ani Sane, Co-Founder and Chief Business Officer at TerraPay. He added that the partnership is a major milestone for enhancing financial access in the Middle East and Africa, helping businesses grow and users move funds with fewer limitations.

Also Read: A Guide To Digital Payment Methods In The Middle East

The integration also aims to support financial inclusion in a region where access to global banking tools is still uneven. With interoperability at the core, TerraPay can bridge the gap between different financial systems — whether that’s a mobile wallet or a traditional bank — making it easier to send money, pay for services, or grow a business across borders.

As the demand for cross-border payment options continues to rise, both PayPal and TerraPay are doubling down on their commitment to provide reliable, secure, and forward-looking financial tools for the region.

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