Qualcomm is acquiring Silicon Valley chip startup Modular for nearly $4 billion in equity, the companies announced Wednesday — a monster exit for a company that raised a $250M round at a $1.6B valuation just nine months ago. Founded in 2022 by Chris Lattner (the creator of LLVM and Apple's Swift) and Tim Davis, Modular built a software layer that lets AI developers write code once and deploy it across any chip — Nvidia, AMD, or otherwise — effectively...