Qualcomm has reached an agreement to acquire artificial intelligence (AI)-native software stack provider Modular. Modular provides an open, AI-native software stack that enables artificial ...
Modular, co-founded by Melburnian Tim Davis, announced on Thursday morning Australian time it was being acquired by Nasdaq-listed Qualcomm in an all-scrip deal. Mr Davis, 43, started Modular with ...
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Qualcomm has acquired a software-centric AI infrastructure startup to bolster the foundation layer for its data center and edge hardware in a clear challenge to Nvidia’s CUDA dominance. Founded by ...
Qualcomm QCOM-1.52%decrease; down pointing triangle agreed to acquire the AI software company Modular for about $3.9 billion, in a bid to make artificial intelligence faster and cheaper for its ...
Qualcomm is buying artificial intelligence infrastructure startup Modular to bolster its AI portfolio. Modular's tools help businesses run AI more efficiently. Qualcomm wants to expand its footprint ...
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– Modular’s AI-Native Platform to Advance Qualcomm’s Evolution as a Developer-First, AI Solutions Company Delivering Generative and Agentic AI from Edge to Cloud – – Creation of an Industry-Friendly ...
Qualcomm is in advanced talks to acquire AI software startup Modular for about $4 billion, a move that would challenge Nvidia where its dominance is stickiest — software — according to Bloomberg. A ...
Qualcomm will acquire the Silicon Valley chip startup Modular for nearly $4 billion. The companies announced the acquisition on Wednesday; Qualcomm said it expects to issue up to 19.2 million shares ...
Qualcomm Inc. is in advanced talks to acquire Modular Inc. in a transaction valuing the artificial intelligence infrastructure software company at about $4 billion, according to people familiar with ...
June 22 (Reuters) - Qualcomm (QCOM.O), opens new tab is in advanced discussions to acquire Modular Inc in a transaction valuing the AI chip company at about $4 billion, Bloomberg News reported on ...
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