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12:11
Qualcomm will acquire Modular to build an open AI software ecosystem
ChainCatcher News, Qualcomm announced that it has reached an agreement to acquire Modular in order to strengthen its generative AI and agent AI software foundation for data centers and edge environments. The transaction is expected to be completed in the second half of 2026, pending customary closing conditions and relevant regulatory approvals. Qualcomm stated that Modular provides an open AI-native software stack, enabling AI to run efficiently across different hardware architectures. Its unified platform supports CPU, GPU, NPU, and custom ASIC architectures, eliminating the need to rewrite models for each accelerator. For developers and enterprises, this means they can build once and deploy across various environments, while also reducing total cost of ownership. Qualcomm said that as AI scales, efficiency rather than capability is becoming the limiting factor. Performance per watt will impact inference costs, and cost determines whether AI can scale. This acquisition will further help Qualcomm offer a chip-agnostic compute layer across devices, the edge, and data centers, enhance performance per watt, increase hardware flexibility, and expand the open developer ecosystem.
12:10
STMicroelectronics launches the world’s first post-quantum cryptography mobile security chip, ST54M
```htmlGolden Ten Data June 24|STMicroelectronics (STM.US) launched the ST54M secure mobile chip on June 24, aiming to help smartphone and personal electronic device manufacturers plan ahead for quantum security protection systems while ensuring user experience across connected services. According to the introduction, this is the world's first solution to integrate a post-quantum cryptography (PQC) hardware accelerator into a single chip, marking the official entry of mobile security technology into the "quantum-ready" era.```
12:09
Qualcomm: Has acquired AI chip startup Modular
Glonghui June 24|Qualcomm announced that it has acquired AI chip startup Modular, with the deal valued at approximately $4 billion.
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