NVIDIA buys Arm for US$40bn

NVIDIA has officially announced that it bought the semiconductor design company Arm for US$40 billion, which will help expand the graphics giant's presence in mobile computing. It plans to invest more in artificial intelligence technology to bring it to platforms like smartphones, PCs, and self-driving cars. Arm will gain access to NVIDIA's products and more support for its R&D initiatives. NVIDIA says it will build an AI supercomputer powered by Arm CPUs at its Cambridge headquarters to cement its commitment to the acquisition.

NVIDIA assures that Arm's technology will maintain its open licensing model and neutrality with current customers, which means Arm designs can take advantage of NVIDIA's tech as well. We should expect some unconventional chip designs from NVIDIA in the future. NVIDIA and Arm's boards have approved the acquisition, and the companies expect to close the transaction within 18 months. It'll require regulatory approval in the US, UK, EU, and China, of course.

Source: Engadget