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NVIDIA officially buys Arm for $ 40 billion

As expected, NVIDIA has just announced that it will buy the semiconductor design company Arm for $ 40 billion. The deal will make NVIDIA an even bigger presence in the mobile computing space, especially when it comes to bringing its AI technology to platforms like smartphones, PCs and self-driving cars. Meanwhile, Arm will receive even more support for R&D efforts and access to NVIDIA’s entire suite of products. To cement its commitment, NVIDIA will build an AI supercomputer with arm CPUs at the company̵

7;s headquarters in Cambridge.

“AI is the most powerful technology force of our time and has sparked a new wave of computers,” said Jensen Huang, CEO of NVIDIA, in a statement. “In the years to come, trillions of computers running AI will create a new Internet of Things that is a thousand times bigger than today’s Internet of People. Our combination will create a company that is well positioned for the age of AI. “

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