Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion

Qualcomm acquired chip software startup Modular for nearly $4 billion. Modular makes a platform and proprietary coding language enabling developers to write AI software that runs across different chips without rewriting code for each one. The deal includes $300 million for Modular's ~150 employees and is expected to close in the second half of 2026.

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