Qualcomm bought Modular for $3.92B and named Meta as a data-center CPU customer.

At its June 24 Investor Day, Qualcomm agreed to acquire Modular (Mojo language, MAX inference engine, founded by LLVM/Swift creator Chris Lattner) all-stock at $3.92B, and unveiled the Dragonfly C1000 data-center CPUs with Meta as launch customer. It's a ~$14B RISC-V-plus-open-compiler bet to loosen Nvidia/CUDA lock-in. A well-funded Modular could actually move cross-hardware deployment for anyone on Mojo/MAX.