NVIDIA is sitting pretty in AI (artificial intelligence) right now. For the next few years, most AI systems will continue to be trained on NVIDIA GPUs and specialized hardware and cloud services that incorporate these processors. However, NVIDIA has been frustrated in its attempts to become a dominant provider of AI chips for deployment into smartphones, embedded systems, and other edge devices. To address that strategic gap, NVIDIA this past week announced that it is acquiring processor architecture firm Arm Holdings from SoftBank Group and the SoftBank Vision Fund. Once the acquisition closes in the expected 18 months, NVIDIA will retain Arm's name, brand identity, management team, and base of operations in Cambridge, United Kingdom.
In recent years, Nvidia has ridden one of the biggest waves in technology, selling chips needed to build increasingly clever artificial intelligence algorithms. Now, the company plans to catch another big swell--mobile computing--with a $40 billion acquisition of Arm, which designs the chips found in virtually all smartphones. The deal would reshape the chip industry overnight--putting Nvidia at the center of much of the action. But it will face regulatory scrutiny in the UK, Europe, the US, and China, because it would give Nvidia control over the chip blueprints used by multiple tech companies, including its competitors. The news may be especially concerning in China, since it could allow the US to restrict access to chip designs used in a wide array of products.
Jensen Huang is a big idea guy. He transformed a sleepy computer graphics processor company he founded into an artificial intelligence leader. Now he wants to bring AI everywhere. Nvidia ((NVDA) -Get Report) Monday announced that the company will acquire ARM Holdings for $40 billion in cash and stock. ARM is a designer of the low power microchip architecture used for iPhones, Androids and other devices. He began betting on AI way back in 2006.
Weekends are usually a quiet couple of days for tech news. Firstly, Microsoft isn't buying Tiktok, but a similarly senior tech company -- Oracle -- is now the most likely (if not the only possible) buyer. Then we have NVIDIA buying ARM, the semiconductor design company, for a cool $40 billion. To top it off, Sony has a PlayStation event scheduled for midweek. Or forced to watch Ratchet and Clank gameplay for five minutes again?
Nvidia agreed to purchase Arm for up to $40 billion in cash and stock, the companies said Sunday night. This mammoth deal in the chip industry is expected to bolster AI and GPU powerhouse Nvidia's chip portfolio, even as it's sure to attract antitrust attention in the smartphone market. Nvidia will pay Softbank, the company's current owner, a total of $21.5 billion in Nvidia stock and $12 billion in cash, including $2 billion payable at signing. Nvidia will also issue $1.5 billion in equity to Arm employees. It may also pay Softbank up to $5 billion in cash or stock if Arm meets specific financial performance targets--bringing the final purchase price up to $40 billion -- the largest chip deal ever.
Nvidia is close to a deal to buy British chip designer Arm Holdings from SoftBank Group for more than $40 billion (roughly Rs. 2,93,817 crores) in a deal which would create a giant in the chip industry, according to two people familiar with the matter. A cash and stock deal for Arm could be announced as early as next week, the sources said. Nvidia is known for its graphics chips that power video games, but it has developed other markets including artificial intelligence, self-driving cars and data centres. Arm supplies the chip technology for virtually all mobile devices such as phones and tablets but is also expanding into processors for cars, data centre services and other devices. The British company does not make chips.
Just as we expected, NVIDIA just announced that it's buying the semiconductor design company Arm for $40 billion. The deal will make NVIDIA into an even larger presence in mobile computing, especially when it comes to bringing its AI technology into platforms like smartphones, PCs and self-driving cars. Arm, meanwhile, will get even more support for R&D efforts as well as access to NVIDIA's entire suite of products. And to cement its commitment, NVIDIA says it will build an AI supercomputer powered by Arm CPUs at the company's Cambridge headquarters. "AI is the most powerful technology force of our time and has launched a new wave of computing," Jensen Huang, NVIDIA's CEO, said in a statement.
The Flo by Moen Smart Water Leak Detector is a reliable gadget to help protect your home from water damage. Flo by Moen's Smart Water Leak Detector is the very best smart water leak detector we've ever tested, beating out our previous No. 1 pick, the Honeywell Home Water Leak Detector. While the two detectors are comparable, Moen is the more affordable of the two and, most of all, we were impressed by the near-instantaneous alerts (an imperative function of a smart leak detector) the Moen leak sensor sent to both of our iOS and Android devices, as well as via email. The Flo by Moen Smart Water Leak Detector passed all of our tests with flying colors and even continued to function after being submerged in water during our final round of testing. When a leak is detected, the sensor begins playing an alarm sound and flashes red, in addition to sending timely alerts in a matter of seconds. However, what it lacks in voice-control capabilities, it makes up for with a beautifully designed app full of useful data insights. The sensor also keeps track of the temperature and humidity within your home, which can help with moisture control.
Mobile Development has become one of the most critical aspects of many companies. This is due to the acquisition of a more organic base of clients. Without a mobile-optimized solution, a company could face the question of lagging behind its competitors. Given that revenue from mobile apps' development has reached a new peak, people are following the trend in app development. Both the users and the developers follow the path of making life more comfortable.
Another September means another new iPhone launch. Naturally, Apple's probably got all kinds of weird new features cooked up for its flagship device. Rumor has it that LiDAR integration is just one of the things we can expect from the theoretical iPhone 12 when it comes out later this year. "Hold on," you must be thinking. "What the heck is LiDAR?"