Qualcomm agreed to acquire Modular for nearly $4 billion, while Cursor quietly acquired open-source coding assistant Continue and Elastic acquired AI SRE startup Deductive AI for up to $85 million. De…
Qualcomm announced a series of AI initiatives, including the Dragonfly data center brand, acquisition of Modular to create an open platform, and a deal with Meta, aiming to disrupt Nvidia's dominance …
Qualcomm acquired AI startup Modular for $3.9 billion on June 24, 2026, to challenge NVIDIA's CUDA software dominance with Modular's Mojo programming language and MAX inference engine, which enable AI…
Modular announced that MAX models can now run on Apple Silicon GPUs with the 26.4 release, supporting M1 through M5 chips for text LLMs, vision models, and image diffusion models. The company is worki…
OpenAI unveiled its first custom AI chip, Jalapeño, built with Broadcom, signaling a shift away from relying solely on Nvidia for inference compute. Meanwhile, Google fired developer Justin Poehnelt a…
Onsemi announced a $7 billion all-stock acquisition of Synaptics on June 25, betting that AI will shift from cloud data centers to edge devices like cars and factory equipment. The deal, expected to c…
Meta and Qualcomm have signed a multi-year deal to consolidate AI chip infrastructure, concentrating control over the digital public square in fewer hands. Qualcomm's new Dragonfly C1000 CPU will powe…
Qualcomm announced a data center strategy that could generate over $1 billion in revenue within a year, including new CPUs, AI accelerators, and networking solutions. The company acquired Alphawave Se…
Qualcomm acquired Modular for $3.9 billion in stock, gaining its Mojo programming language and MAX inference platform to challenge NVIDIA's CUDA dominance. The deal, expected to close in the second ha…
Qualcomm is acquiring Modular, the AI infrastructure startup founded by Chris Lattner and Tim Davis, for approximately $3.92 billion in stock. The deal, announced June 24, 2026, gives Qualcomm Modular…
OpenAI announced Jalapeño, its first custom AI chip for LLM inference, built with Broadcom and intended for ChatGPT, Codex, and future agent products, signaling a push to own more of the AI stack. Mea…
Qualcomm announced the Dragonfly data center ecosystem and AI300 inference accelerator at its Investor Day on June 23-24, 2026, claiming up to 54x effective memory bandwidth per card and 3-8x tokens-p…
Qualcomm announced Meta as the first Big Tech customer for its new C1000 data center CPUs, with chips set to power Meta servers in late 2028, and plans to acquire AI software company Modular for about…
Qualcomm announced Meta as its first major Big Tech customer for data center CPUs, signing a multi-generation strategic agreement centered on the Dragonfly C1000 chip designed for agentic AI workloads…
Qualcomm expanded its partnership with Hugging Face on June 24 to make over 3 million open AI models deployable across its hardware, including Snapdragon, Dragonwing, and Dragonfly platforms. The coll…
Qualcomm acquired Modular to challenge NVIDIA's AI dominance, unveiling a five-year plan to expand into data centers with Dragonfly AI accelerators and CPUs. The acquisition provides an alternative to…
Qualcomm announced Meta as the first named customer for its Dragonfly C1000 data centre chip, set for 2028, and confirmed a $3.9 billion acquisition of AI software startup Modular. The moves signal Qu…
Qualcomm announced a major push into data center infrastructure at its 2026 Investor Day, unveiling a new Dragonfly C1000 CPU with 250+ cores and a High Bandwidth Compute (HBC) architecture that stack…
Qualcomm is in advanced negotiations to acquire AI infrastructure startup Modular for approximately $4 billion, more than doubling its last known valuation. The deal aims to bolster Qualcomm's data ce…
Qualcomm will acquire Silicon Valley chip startup Modular for nearly $4 billion, including $300 million for employees. The deal, announced Wednesday, aims to expand Qualcomm's AI capabilities beyond m…