Qualcomm News: Latest Releases & Events

All 2 Qualcomm entries of the AI News timeline, newest first.

2026

2026-07-31

EU Pledges $11.5B for Seven AI Gigafactories
The European Commission launched a tender committing $11.5 billion in public funding to build up to seven AI gigafactories across Europe, aiming to close the compute infrastructure gap with the U.S. and China. The initiative could attract an additional $23 billion in private investment, with AMD, Nvidia, and Qualcomm signing letters of intent to supply hardware for the facilities. (aibusiness.com)
European Commission Nvidia AMD

2026-06-24

Qualcomm Acquires AI Startup Modular for $4 Billion
Qualcomm announced it is acquiring AI platform developer Modular for approximately $3.92 billion in stock. The acquisition aims to bolster Qualcomm's AI infrastructure capabilities across edge devices and data centers, offering a hardware-agnostic alternative to Nvidia's CUDA ecosystem. (aibusiness.com)
Modular Nvidia