Qualcomm to acquire Modular for $3.9B to challenge NVIDIAs CUDA software moat

Qualcomm agreed to buy Chris Lattners Modular in an all stock deal worth about $3.9 billion, gaining the Mojo language and MAX inference engine that let AI code run across NVIDIA, AMD, Intel and Qualcomm chips without rewrites. The move directly targets the CUDA software ecosystem that anchors NVIDIAs data center dominance.