TLDR Tech / Hardware
Qualcomm Closes All-Stock Acquisition of Compiler Startup Modular
Qualcomm finished buying Modular, the AI infrastructure company behind the Mojo programming language and the MAX inference framework. Modular's whole appeal is that its software lets the same model code run across CPUs, GPUs, NPUs, and custom silicon without rewriting kernels for each one. Qualcomm just raised its 2029 target to $40 billion in non-handset revenue, with data center alone expected to contribute over $15 billion, and it's betting that owning the compiler and serving layer outright, not just the silicon, is what gets new Qualcomm AI chips performing well from day one.
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