Qualcomm is reported to be in advanced talks to acquire Modular Inc., an artificial intelligence chip startup, in a transaction valued at about $4 billion, according to people familiar with the matter cited by Bloomberg and echoed by other outlets. The reports say the deal is at a late stage, indicating the parties are close to reaching an agreement, though no final terms or timing are provided in the available coverage. Modular is described as an AI infrastructure or chip-related software business. If completed, the acquisition would expand Qualcomm’s footprint in AI-related technologies and could strengthen its position in the competitive AI chip and software ecosystem. The sources do not specify whether the price is all-cash or includes other components, nor do they disclose expected regulatory reviews or when an announcement would occur. The reporting is also not accompanied by direct confirmation from Qualcomm or Modular within the provided excerpts.