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Jun 24, 2026

Qualcomm Acquires AI Software Firm Modular for $3.9 Billion

Qualcomm announced acquisition of AI software startup Modular Inc. for approximately $3.9 billion in stock, expanding its AI software capabilities for data centers and bolstering its software stack.

Jun 24, 2026·3 sources
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Qualcomm in Talks to Provide Custom Chip Design Services to ByteDance

Qualcomm is negotiating to provide chip-design services to ByteDance as the U.S. company seeks to reduce dependence on the smartphone market, its biggest revenue source.

Jun 24, 2026·1 source
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Jun 10, 2026

Tether Leads $1.4 Billion Funding Round in German Robotics Startup Neura Robotics

Stablecoin issuer Tether Holdings led a $1.4 billion Series C funding round for German startup Neura Robotics, which develops AI-powered humanoid robots. The round also included participation from Qualcomm, Nvidia, and Amazon, marking one of the largest investments in physical AI and humanoid robotics to date.

Jun 10, 2026·5 sources
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Jun 1, 2026

Nvidia Announces RTX Spark PC Chip, Launches Surface Ultra Laptop with Microsoft

Nvidia unveiled the RTX Spark chip for personal computers and partnered with Microsoft to launch the Surface Ultra laptop, marking Nvidia's entry as a complete PC chipmaker competing with Intel, AMD, and Qualcomm.

Jun 1, 2026·4 sources
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Apr 28, 2026

OpenAI Reportedly Developing Custom Smartphone Chips with MediaTek and Qualcomm

According to analyst Ming-Chi Kuo, OpenAI is working with MediaTek and Qualcomm on custom smartphone processors, with Luxshare as exclusive partner for system design and manufacturing, with potential mass production in 2028.

Apr 28, 2026·2 sources
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Top claims

  • ▪Qualcomm is acquiring the AI software company Modular.
  • ▪The acquisition will better position Qualcomm in the AI inference market.
  • ▪Qualcomm CEO Cristiano Amon said the company believes the future is in developer-friendly, horizontal platforms for AI deployment.

Topics

Business & enterprise AIAI startupsCompute, chips & AI infrastructureSemiconductor industryU.S–China relationsChina tech & industrial strategyHumanoid robotics
Physical AI
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AI
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