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1052 Qualcomm acquires AI startup Modular in $4 billion deal to challenge Nvidia’s CUDA dominance

Startups News
Daniel Levi @ Startups News · 06/24/2026 11:01 EDT

Qualcomm acquires AI startup Modular in $4 billion deal to challenge Nvidia’s CUDA dominance

Qualcomm is making a nearly $4 billion bet that the next big AI fight will not be won by chips alone. The company said Wednesday it plans to acquire AI startup Modular in an all-stock deal valued at about $3.92 ...

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