Qualcomm Just Bought Modular for ~$3.9B. The Vendor-Neutral AI Tooling You Were Eyeing Now Has an Owner With a Chip to Sell.
On June 24, Qualcomm agreed to acquire Modular — the company behind the Mojo language and the MAX inference platform — in an all-stock deal worth about $3.9 billion. Here's the lesson for a solo operator who never wrote a line of Mojo: neutrality is a strategy, not a property, and it transfers with the cap table.