It's kind of funny that Modular is getting acquired by a hardware company considering what it's founder has said repeatedly in interviews and articles about how those companies fail to make AI stacks.
* https://www.modular.com/blog/democratizing-ai-compute-part-9...
Could be the reason that Qualcomm decided to buy them out. Hire someone who knows how to fix the problem.
Still the result could be that the software performance much better on their hardware than others. Priorities, competition, etc.
Patents, and tooling portfolio.