✉news BusinessStartups first seen 13 h ago, last 4 h ago, peak #18
Qualcomm reportedly in advanced talks to buy AI startup Modular
Original: QCOM Is Reportedly In Advanced Talks For $4B Acquisition Of AI Startup Modular
Qualcomm is reportedly in advanced talks to acquire Modular, an artificial intelligence startup, for around $4 billion. The deal would strengthen Qualcomm's AI capabilities at a time when chipmakers are racing to secure AI software and infrastructure assets. Details of the negotiations have not been confirmed by either company, and it remains unclear whether an agreement will be reached.
Why now: Reports of a major $4 billion AI acquisition by a leading chipmaker are drawing attention amid the industry-wide AI dealmaking race.
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