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£30bn deal sees Nvidia take ownership of UK-based computer chip designer Arm

Thu, 01/10/2020

Nvidia, an American manufacturer of high performance graphics cards and processors, has bought Arm for £30bn. Headquartered in Cambridge, Arm’s processor designs are used by the world’s leading technology companies. Nvidia will invest in Arm’s UK-based research and development, with plans for an Arm/Nvidia-powered AI supercomputer to be used for cutting edge research.