Qualcomm Acquires Modular for its Hardware-Agnostic AI Software Layer
Qualcomm announced its intent to acquire Modular, an AI infrastructure software company, in a stock transaction valued at approximately $3.9 billion. The deal pairs Qualcomm’s silicon roadmap with Modular’s Mojo programming language and MAX inference engine, a software stack that runs AI models across CPU, GPU, NPU, and custom ASIC architectures without requiring per-accelerator rewrites.