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Nvidia’s purchase of Arm creates an A.I. computing juggernaut

September 14, 2020

Via: Fortune

Jensen Huang, the chief executive officer of chipmaker Nvidia, has presented his decision to purchase semiconductor design firm Arm from Japan’s SoftBank as all about artificial intelligence.

“A.I. is the most powerful technology force of our time,” Huang said in a press conference on Monday and that by purchasing Arm for $40 billion, “together we will create the world’s premier computing company for the age of A.I.”

While chief executive’s often portray big M&A deals in this sort of hyperbolic language, in this case, there’s more to Huang’s claims than the usual marketing spin.

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