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You are here: Home / Featured / Nvidia spends US$40 billion for Arm

Nvidia spends US$40 billion for Arm

September 14, 2020 By Anish Leave a Comment

Nvidia has spent a good chunk to acquire Cambridge, UK-based Arm. It is one of the most important acquisitions in this digital age considering majority of mobile devices in the world today are based on Arm CPUs. Just to put it in a perspective, there are over 180 billion chips shipped by Arm’s licensees. The deal is valued at US$40 billion and will help Nvidia leverage its position as a GPU maker and its AI computing platform to harness Arm’s ecosystem.

As part of the deal, Nvidia has agreed to keep Arm’s HQ in Cambridge, where it’s originally located and will continue to operate Arm’s open-licensing model that has helped Arm reach in almost every device.

In a letter by Nvidia CEO, Jensen Huang, he believes this will help both companies with Nvidia gaining a developer reach from 2 million to more than 15 million whereas Arm can take advantage of Nvidia’s R&D scale.

AI is the most powerful technology force of our time and has launched a new wave of computing. In the years ahead, trillions of computers running AI will create a new internet-of-things that is thousands of times larger than today’s internet-of-people. Our combination will create a company fabulously positioned for the age of AI.

Simon Segars and his team at Arm have built an extraordinary company that is contributing to nearly every technology market in the world. Uniting NVIDIA’s AI computing capabilities with the vast ecosystem of Arm’s CPU, we can advance computing from the cloud, smartphones, PCs, self-driving cars and robotics, to edge IoT, and expand AI computing to every corner of the globe.

This combination has tremendous benefits for both companies, our customers, and the industry. For Arm’s ecosystem, the combination will turbocharge Arm’s R&D capacity and expand its IP portfolio with NVIDIA’s world-leading GPU and AI technology.

Jensen Huang Letter

  • Nvidia introduces RTX Spark AI Superchip for Windows PCs
  • NVIDIA GeForce NOW officially hits India: Everything you need to know
  • NVIDIA to launch its GeForce Now cloud gaming service in India
  • Asus showcases AI-powered PCs, next-gen motherboards and cooling solutions at Computex 2024

Filed Under: Featured, Misc., Trending

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