cambridge Archives

Nvidia exits from its proposed $40B acquisition of Arm

Nvidia is walking away from its proposed $40 billion acquisition of British chip designer Arm.

The deal caught the attention of global regulators with anti-competition investigations launched in several jurisdictions including the UK, EU, and US.

In November 2021, UK Digital Secretary Nadine Dorries decided to block the merger pending the results of a 24-week ‘Phase 2’ investigation.

With the merger looking almost impossible to be approved by regulators,...

8 February 2022 | NVIDIA

GTC 2020: Nvidia doubles-down on its UK AI investments

Jensen Huang, CEO of NVIDIA, has kicked off the company’s annual GTC conference with a series of AI announcements—including a doubling-down of its UK investments.

NVIDIA is investing heavily in the UK’s accelerating AI sector. The company announced its acquisition of legendary semiconductor giant Arm for $40 billion back in September along with the promise to open a new AI centre in Cambridge.

“We will create an open centre of excellence in the area once home to...

5 October 2020 | NVIDIA

Nvidia and ARM will open ‘world-class’ AI centre in Cambridge

Nvidia wants to provide its commitment to the UK AI industry by opening a “world-class” centre in Cambridge.

British chip designer ARM’s technology is at the heart of most mobile devices. Meanwhile, Nvidia’s GPUs are increasingly being used for AI computation in servers, desktops, and even things like self-driving vehicles.

However, Nvidia was most interested in ARM’s presence in edge devices—which it estimates to be in the region of 180...