Camera chip startup Prophesee and Qualcomm sign multi-year deal

FILE PHOTO: A Qualcomm sign is shown outside one of the company's many buildings in San Diego, California, U.S., September 17, 2020. REUTERS/Mike Blake

OAKLAND, Calif. (Reuters) - Paris-based startup Prophesee, a maker of camera chips inspired by the way the human eye works, said on Monday it has signed a multi-year deal with Qualcomm Inc to be used with the smartphone technology giant's product.

While today's camera chips continuously process the full frame of images, Prophesee's chip will only process changes in the scene, such as light or movement, which makes it faster and requires less computing power, said Luca Verre, co-founder and chief executive at Prophesee.