/Tech1h ago

Qualcomm acquires LLVM and Swift creator Chris Lattner's AI startup Modular, developer of the Mojo language

Story Overview

Qualcomm is bringing Modular and its founder Chris Lattner into the fold to fuse the startup’s hardware-agnostic AI runtime with Qualcomm silicon, targeting everything from edge devices to cloud clusters while keeping the platform open to other accelerators.

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Original post

Chris Lattner@clattner_llvm#942inTech

I'm excited to share that Qualcomm is acquiring Modular: this will accelerate our path to unifying accelerated compute with an open platform. This will also mark a new era in open software development for Qualcomm. 👇

Qualcomm@Qualcomm

Hardware plus software defines leadership in the AI era. Today we announced an agreement to acquire @Modular, advancing our evolution as a developer-first AI solutions company delivering generative and agentic AI from edge to cloud.

https://bit.ly/44rBpe5

6:06 AM · Jun 24, 2026 · 44.5K Views

Deal Scale

Stock issuance sets the scale

The deal is structured around up to 19.2 million Qualcomm shares in a private placement, landing at an approximate $3.9 billion value with closing slated for the second half of 2026 pending approvals.

Ecosystem Play

Portability mission gains reach

Modular’s unified compute layer, designed so developers avoid rewriting code for each new CPU, GPU or NPU, now sits inside a larger hardware company that still claims it will preserve vendor-neutral access.

Sentiment

Many users congratulated Chris Lattner on Qualcomm acquiring Modular because the deal advances unified AI compute from edge to cloud.

Pos

100.0%

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29 comments with sentiment.

Cluster Engagement

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Related links

Qualcomm to Acquire Modular | Qualcomm

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Chris Lattner@clattner_llvm

The acquisition by @Qualcomm enables us to accelerate our mission without deviating from supporting hardware from all vendors. This will accelerate our progress and path, and their vision is expansive: spaning edge to cloud, CPU, GPU, NPU, and custom ASICs and perhaps more.

Chris Lattner@clattner_llvm

Modular was founded 4.5 years ago to solve this problem. We've already integrated support for several hyperscale datacenter silicon providers - but we're not stopping with what's publicly announced. We've built an open platform, and are continuing to open it further.

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Chris Lattner@clattner_llvm

@Qualcomm There is so much more to say and do, but please start by tuning in to Qualcomm Investor Day later today. From there, please join us at ModCon in August where we will share even more. Onward! 🚀

Chris Lattner@clattner_llvm

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REPLIES2

Chris Lattner@clattner_llvm

In a world with a tremendous amount of innovative heterogenous AI hardware, there has always been a gap: existing fragmented software technologies weren't built to scale effectively across this hardware.

This gap holds back innovation and choice, and make development painful.

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Chris Lattner@clattner_llvm

This gap holds back innovation and choice, and make development painful.

Chris Lattner@clattner_llvm

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Philipp Schmid@_philschmid

@clattner_llvm Congrats!!

Chris Lattner@clattner_llvm

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