Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion

Qualcomm is acquiring chip software startup Modular for nearly $4 billion in stock. Modular makes a platform and proprietary coding language that lets developers write AI software once and deploy it across different chips without rewriting code. The deal includes $300 million for Modular's ~150 employees and is expected to close in H2 2026.

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