Nvidia and Softbank have announced a $40 billion deal whereby Nvidia will acquire Arm from Softbank. Arm is a UK-based designer of processor architectures. Nearly all phones are powered by SoC chips that are based on Arm technology. Qualcomm, Apple, MediaTek, and Samsung all license Arm technology and use it as the basis for their mobile chip designs. Arm has been successful with a relatively neutral open licensing model. Nvidia promises that it "will continue Arm's open-licensing model and customer neutrality and expand Arm’s IP licensing portfolio with Nvidia technology". Nvidia is a leader in graphics and AI processor technology.


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