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Qualcomm will acquire Modular, building an open AI software ecosystem

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ME AI News: Qualcomm announced that it has reached an agreement to acquire Modular, aiming to strengthen its generative AI and agentic AI software foundation for data center and edge environments. The transaction is expected to close in the second half of 2026, subject to customary closing conditions and relevant regulatory approvals. Qualcomm stated that Modular provides an open AI-native software stack that enables AI to run efficiently across different hardware architectures. Its unified platform supports CPU, GPU, NPU, and custom ASIC architectures without the need to rewrite models for each accelerator. For developers and enterprises, this means building once and deploying across different environments while reducing total cost of ownership. Qualcomm noted that as AI scales, efficiency rather than capability is becoming the constraining factor. Performance per watt will impact inference costs, and costs determine whether AI can scale. This acquisition will further help Qualcomm provide a chip-agnostic compute layer across devices, edge, and data centers, improving performance per watt, increasing hardware flexibility, and expanding the open developer ecosystem. (Source: ChainCatcher)
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