Qualcomm to Acquire AI Software Firm Modular in $3.9 Billion Stock Deal

Qualcomm agreed to acquire the AI software company Modular for about $3.9 billion, in a bid to make artificial intelligence faster and cheaper for its customers.

OpenAI, Broadcom Develop Custom Chip for AI Inference

The chip, called Jalapeño, was built to improve efficiency and lower costs, advancing OpenAI's strategy to build out a full stack behind its models and products.

Memory-Chip Giant SK Hynix Seeks to Raise $29 Billion in U.S. Listing