Qualcomm acquires AI software firm Modular for $3.9 billion in all-stock deal
By
Michael Robuck
Summary
Qualcomm has agreed to acquire AI software company Modular for approximately $3.9 billion in an all-stock deal, issuing up to 19.2 million shares. The acquisition aims to strengthen Qualcomm's software foundation for generative and agentic AI across data center and edge environments. Modular's AI-native software platform is designed to run AI models efficiently across various hardware types (CPUs, GPUs, NPUs, custom ASICs) without requiring separate code rewrites for each accelerator. The deal pairs Qualcomm's silicon expertise with Modular's software capabilities to streamline AI deployment.
Source
bskyQualcomm acquires AI software firm Modular for $3.9 billion in all-stock dealmobileworldlive.comKey quotes
· 3 pulledThe deal will pair Qualcomm's silicon expertise with Modular's AI-native software platform, which is designed to run AI models efficiently across CPUs, GPUs, NPUs and custom ASICs without requiring separate rewrites for each type of accelerator.
Qualcomm struck a deal to acquire AI software company Modular for about $3.9 billion, in all stock-deal aimed at strengthening its software foundation for generative and agentic AI across data centre and edge environments.
The chipmaker stated developers and enterprises will only need
You might also wanna read
Qualcomm Acquires Arduino to Expand Developer Access to Edge Computing and AI
Qualcomm announces its acquisition of Arduino, a popular open-source electronics platform, to accelerate developer access to Qualcomm's edge
qualcomm.com·9mo ago
GV’s Dave Munichiello On Qualcomm’s Modular Purchase, The Firm’s 10x Return And The Shift In AI Software
Nvidia Acquires AI Chip Company Groq Despite 75% Revenue Shortfall
Nvidia acquired Groq (with a Q), a company specializing in AI chip technology for faster LLM inference, despite Groq missing its revenue tar
blog.drjoshcsimmons.com·6mo ago
Tesla quietly discloses $2 billion AI hardware acquisition in SEC filing, omits from earnings call
Tesla quietly disclosed in a single sentence buried in its Q1 2026 10-Q filing that it agreed to acquire an unnamed AI hardware company for
electrek.co·2mo ago
AMD Signs Multi-Year AI Chip Supply Deal with OpenAI, Including Option for 10% Stake
AMD has signed a multi-year deal to supply artificial intelligence chips to OpenAI, which could generate tens of billions in annual revenue
reuters.com·9mo ago
Nvidia Acquires AI Chip Startup Groq's Assets in $20 Billion Deal
Nvidia is acquiring assets from AI chip startup Groq for approximately $20 billion in cash, marking Nvidia's largest acquisition to date. Th
cnbc.com·6mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.