{"id":6030,"date":"2020-09-20T16:58:08","date_gmt":"2020-09-20T16:58:08","guid":{"rendered":"https:\/\/staging.asminternational.org\/edfas\/nvidia-to-acquire-arm-for-its-artificial-intelligence-and-advanced-computing-platform\/"},"modified":"2023-02-23T21:29:20","modified_gmt":"2023-02-23T21:29:20","slug":"nvidia-to-acquire-arm-for-its-artificial-intelligence-and-advanced-computing-platform","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/edfas\/results\/-\/journal_content\/56\/10192\/42006530\/NEWS\/","title":{"rendered":"Nvidia to acquire Arm for its artificial intelligence and advanced computing platform"},"content":{"rendered":"<p>Nvidia, Santa Clara, Calif., and Arm, Cambridge, England, announce a definitive agreement under which Nvidia will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion.<\/p>\n<p>The combination brings together Nvidia\u2019s leading AI computing platform with Arm\u2019s \u201cvast ecosystem\u201d to create the premier computing company for the age of artificial intelligence, accelerating innovation while expanding into large, high-growth markets. SoftBank will remain committed to Arm\u2019s long-term success through its ownership stake in Nxvidia, expected to be under 10 percent.<\/p>\n<p>\u201cArtificial intelligence is the most powerful technology force of our time and has launched a new wave of computing,\u201d said Jensen Huang, founder and CEO of Nvidia. \u201cIn the years ahead, trillions of computers running AI will create a new internet-of-things that is thousands of times larger than today\u2019s internet-of-people. Our combination will create a company well-positioned for the age of AI.\u201d<\/p>\n<p>Arm will remain headquartered in Cambridge, with plans to build a world-class AI research facility to support developments in healthcare, life sciences, robotics, self-driving cars, and other fields. Nvidia will build a state-of-the-art AI supercomputer powered by Arm CPUs.<\/p>\n<p><a href=\"http:\/\/www.nvidia.com\">www.nvidia.com<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia, Santa Clara, Calif., and Arm, Cambridge, England, announce a definitive agreement under which Nvidia will acquire Arm Limited from SBG and the SoftBank Vision Fund in a transaction valued at $40 billion.<\/p>\n","protected":false},"author":63103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[434,438,435,436,1],"tags":[],"class_list":["post-6030","post","type-post","status-publish","format-standard","hentry","category-electronics","category-nanotechnology","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nvidia to acquire Arm for its artificial intelligence and advanced computing platform - 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