AIThe Tech Portalabout 5 hours ago
Qualcomm agrees to acquire AI startup Modular for around $4Bn
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Qualcomm agreed to acquire AI software startup Modular in an all-stock deal worth about $3.9 billion. Qualcomm will issue up to 19.2 million shares to Modular's shareholders. The transaction is expected to close in the second half of 2026 after regulatory and shareholder approvals.
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