The Qualcomm Modular deal would value the AI-infrastructure software startup at about $4bn, as the chipmaker builds out a challenge to Nvidia.

June 22 : Qualcomm is in advanced discussions to acquire Modular Inc in a transaction valuing the AI chip company at about $4 billion, Bloomberg News reported on Monday, citing…

A global supplier of smartphone chips, Qualcomm has been working to reduce its reliance on the volatile handset market by branching out into fast-growing areas like data…