June 24 : Qualcomm said on Wednesday it would buy AI startup Modular, as the chipmaker looks to diversify beyond its core smartphone business.

June 24 : Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly $4 billion, gaining access to software that runs AI models across chips without having to write code for each processor. Buying Modular pits Qualcomm against CUDA, the software platform t