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Qualcomm completes acquisition of Modular to boost AI software and hardware integration.

Company Fundamentals
29 Jul 2026
PRNewsWire
View Source
Bullish
pluang ai news

Qualcomm has finalized its acquisition of Modular Inc, a company specializing in AI-native software infrastructure. This acquisition enhances Qualcomm's AI platform by combining Modular's software, which optimizes generative and agentic AI workloads, with Qualcomm's high-performance, energy-efficient computing solutions. The partnership aims to accelerate AI development across devices, data centers, and edge infrastructure, while maintaining Modular's commitment to an open ecosystem. Key Modular products like Mojo, MAX, and Modular Cloud will continue under Qualcomm, with expanded support and investment, and Modular's CEO Chris Lattner will join Qualcomm as Executive VP of Advanced AI Software and Platforms.

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