en.Wedoany.com Reported - Qualcomm is in advanced discussions to acquire artificial intelligence chip company Modular (Modular Inc.), with the deal valued at approximately $4 billion (roughly 27.148 billion yuan at current exchange rates). This news was reported by Bloomberg News on Monday, citing sources familiar with the matter. The valuation represents a significant increase from the $1.6 billion valuation the company had in a funding round just nine months ago. If the acquisition is finalized, it will reflect a sharp rise in the value of this AI chip startup in a short period.

Qualcomm, a major global supplier of smartphone chips, is expanding into high-growth areas such as data center processors and autonomous driving chips to reduce its reliance on the volatile mobile phone terminal market. The deal could be officially announced in the coming weeks, but negotiations may still fall through or terms could change.

Founded in 2022, Modular has raised a total of $380 million (approximately 2.579 billion yuan) to date, with a $250 million (approximately 1.697 billion yuan) funding round last September being its primary source of capital.

Qualcomm is also in talks to acquire AI chip startup Tenstorrent, with the deal valued in the range of $8 billion to $10 billion.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com