Australian entrepreneur Tim Davis sells AI start-up Modular in $5.6bn deal

A Silicon Valley AI software start-up co-founded and led by an Australian entrepreneur is set to be sold for $US3.9bn ($5.6bn ...
Network World

Qualcomm’s $3.9 billion purchase of Modular aims to change the data center dynamic

Qualcomm paints the deal as delivering ‘a silicon-agnostic compute layer’ to make data centers more flexible and cost-effective.

Qualcomm to buy startup Modular for $4 billion in AI software push

By Anhata Rooprai June 24 (Reuters) - Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued ...
HotHardware

Qualcomm Acquires AI Startup Modular To Challenge NVIDIA's Dominance

The battle for AI hardware is heating up, and Qualcomm just launched a direct assault on NVIDIA's dominance. The company has reached a deal to acquire Modular Inc., an AI software infrastructure ...

Qualcomm inks deal for AI startup Modular to bolster software stack, data center build-out

Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.

Qualcomm to acquire AI software company Modular for $3.9B in stock

The deal supports Qualcomm's push into data centers and AI infrastructure beyond its traditional smartphone chip business.

Qualcomm Strikes Deal for AI Infrastructure Software Firm Modular

Qualcomm has agreed to buy artificial-intelligence infrastructure software company Modular for an undisclosed price.