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Semiconductor giant Arm to launch AI chips next year, report says

13/05/2024

UK-based Arm, one of the world’s key players in the chip market, is reportedly planning to expand into the development of AI chips. Arm designs the building architecture for chips (mainly) in consumer electronics, which it licenses to semiconductor giants such as Qualcomm and Nvidia. The company claims that its...
UK-based Arm, one of the world’s key players in the market, is reportedly planning to expand into the development of AI chips. Arm designs the building architecture for (mainly) in consumer electronics, which it licenses to giants such as Qualcomm and Nvidia. The company claims that its technology is powering 99% of premium smartphones on the market. Japanese SoftBank Group holds a 90% stake in the designer.The move towards AI is part of SoftBank’s ambition to become a force in artificial intelligence, Nikkei Asia reports. According to the paper, Arm will set up a dedicated AI…This story continues at The Next Web
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