Huge industry news to mention this morning! NVIDIA has confirmed they're buying Arm for $40 billion. This news comes after speculation over it for some time, which yesterday was finally announced.
Before getting wild with speculation about what will happen, NVIDIA noted a few keys points about the acquisition. Notably, they will actually keep the headquartered presence in Cambridge, UK and expand the R&D there with "establishing a world-class AI research and education center, and building an Arm/NVIDIA-powered AI supercomputer for groundbreaking research". Additionally, they will be continuing the same open-licensing model that Arm has along with "customer neutrality" and additionally they will be expanding Arm's IP licensing with some of NVIDIA's own tech.
Nothing is actually complete yet though, as these take time to go through all the proper channels. This includes regulatory approvals across the U.K., China, the European Union and the United States which they're estimating to take 18 months. See the full announcement here.
NVIDIA founder and CEO Jensen Huang also sent a letter to NVIDIA employees, which was posted officially online as well. In it, Huang mentions "Uniting NVIDIA’s AI computing with the vast reach of Arm’s CPU, we will engage the giant AI opportunity ahead and advance computing from the cloud, smartphones, PCs, self-driving cars, robotics, 5G, and IoT.".
NVIDIA were already a powerhouse, being the most popular desktop GPU brand and now they own Arm. What do you make of this news, what are you expecting to come from it? Let us know in the comments.