Tweet by saammotamedi

June 24, 2026

Congratulations to @clattner_llvm, @iamtimdavis, and the entire @Modular team on today's announcement that Qualcomm has agreed to acquire the company for ~$4 billion. We at @GreylockVC have been fortunate to back Chris, Tim, and the team since their seed round, and it's been a privilege to partner with them from the start. Chris and Tim are an incredibly rare combination of world-class systems thinking and product taste, that can take deep technical complexity and make it highly usable for millions of developers. When they started Modular a little over four years ago, they had a prescient thesis that AI needed an open platform to runs models at state-of-the-art performance across heterogeneous hardware, without requiring developers to rewrite anything. They delivered it with Mojo and MAX, and now they'll accelerate that mission by pairing their software with Qualcomm's silicon leadership. We're grateful to have invested alongside @davemuni @GVteam, @deepnishar @generalcatalyst, and Chris Ré, and we're excited for this important milestone for Modular.

Author
saammotamedi
Date
June 24, 2026
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