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Why NVIDIA Acquired ARM

“An astounding 180 billion computers have been built with Arm — 22 billion last year alone. Arm has become the most popular CPU in the world.”Jensen Huang, Founder, NVIDIA   NVIDIA today announced that it would acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion. According to the terms of the transaction, NVIDIA will pay SoftBank $21.5 billion in common stock and $12 billion in cash. This includes $2 billion payable at signing.  “AI is the most powerful technology force of our time and has launched a new wave of computing,” said Jensen Huang, founder and CEO of NVIDIA. Talking about the future of Nvidia with Arm, Huang explained that trillions of computers running AI would create a new internet-of-things that would be larger t
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Picture of Ram Sagar
Ram Sagar
I have a master's degree in Robotics and I write about machine learning advancements.
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