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The Nexus
BUSINESSJun 24 · 13:10 UTCQUARTZCris Tolomia

Qualcomm is acquiring AI software startup Modular in a $3.9 billion all-stock deal

Qualcomm is acquiring AI software startup Modular in a $3.9 billion all-stock deal, issuing up to 19.2 million shares to Modular's equity holders as the company expands its focus on data center AI.

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