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Qualcomm is in advanced talks to acquire AI chip startup Modular for roughly $4 billion, Bloomberg reports — but that number only tells part of the story. The deal, which could be announced within weeks, is just one data point in a staggering 48-hour cascade of capital flowing into AI infrastructure. Abu Dhabi's MGX raised close to $50 billion — one of the largest dedicated AI investment vehicles ever — to accelerate infrastructure and technology spending,...
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