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By Anhata Rooprai June 24 (Reuters) - Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued ...
Qualcomm plans to finance the Modular acquisition with 19.2 million shares, which are worth $3.92 billion at the chipmaker’s ...
The deal supports Qualcomm's push into data centers and AI infrastructure beyond its traditional smartphone chip business.
Qualcomm paints the deal as delivering ‘a silicon-agnostic compute layer’ to make data centers more flexible and cost-effective.
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Qualcomm has agreed to buy artificial-intelligence infrastructure software company Modular to expand its data-center ...
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Qualcomm is set to acquire an AI module, enhancing its capabilities in artificial intelligence technology and driving innovation in the industry.