Qualcomm Agrees to Buy AI Software Startup Modular
Qualcomm N, 5775, Morehouse Drive, Barnes Canyon, Sorrento Mesa, San Diego, San Diego County, California, 92121, United States
Qualcomm
CONFIRMED86% CONFIDENCEThe Business Wire copy of 'Qualcomm[1] to Acquire Modular[5]' was published at 12:00 UTC on 24 June 2026; Qualcomm's 8-K says the definitive agreement was entered into on June 21, 2026.
Qualcomm agreed to buy Modular, Chris Lattner's startup whose AI software runs models across CPUs, GPUs, NPUs and custom chips without rewrites, in an all-stock deal of up to 19.2 million shares valued at about $3.9 billion.
$3.9B
1.00
