Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion (opens original article in a new tab)

Qualcomm acquires Silicon Valley chip startup Modular for nearly $4 billion, aiming to expand into AI and data center markets.

• Qualcomm acquires chip startup Modular for $4 billion
• Modular's software platform allows AI code to run across different chips without rewriting
• Modular's team will join Qualcomm as part of the deal
• Qualcomm aims to expand beyond mobile chips into AI gadgets and data centers