# Jacob Bourne

Type: Person

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/jacob-bourne
Canonical HTML page: https://getstartupbrief.com/entity/jacob-bourne

## Timeline

- **2026-07**: Expected close of deal — The transaction is expected to close in the second half of 2026, subject to regulatory approvals.
- **2026-06-24**: Acquisition announced — Qualcomm reveals all-stock deal to acquire AI startup Modular for $3.92 billion, issuing up to 19.2 million shares.

## Recent coverage (1 stories)

### Modular AI's $3.92B Exit: How a Chip-Agnostic Startup Scored Big
2026-06-25 01:13:10 · Sentiment: Positive · Impact: 8/10 · Sources: 2

AI inference startup Modular lands a $3.92B all-stock acquisition by Qualcomm. The deal validates the premium on neutral AI infrastructure software. It also offers a rare, massive exit for venture-back AI founders.
Full story: https://getstartupbrief.com/story/modular-ai-3-92b-exit-qualcomm-acquisition-startups

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