Nvidia has scrapped plans to buy Arm from Softbank Group due to “significant regulatory challenges preventing the consummation of the transaction,” according to a joint statement that indicates Arm will proceed with plans for an IPO. In what is being positioned as a coincidence of timing, Arm says Simon Segars has resigned as CEO with Rene Haas, formerly president, stepping into the role. After being announced in September 2020, the $40 billion deal faced opposition from both the European Commission and the Federal Trade Commission, which in December sued to block the sale. Continue reading Nvidia Calls Off $40 Billion Acquisition of Arm from Softbank

Prominent semiconductor designer Arm, which licenses its designs to others, debuted Armv9 architecture, which features its first major architectural advance in a decade and includes a 30 percent improvement in speed. Arm chief executive Simon Segars revealed that Armv9 will be “the base for the next 300 billion Arm-based chips.” Its customers have already shipped 180+ billion chips that impact 70+ percent of the global population. Nvidia is in the process of acquiring Arm, which is based in the United Kingdom, for $40 billion. Continue reading Arm Unveils Armv9, New Design Aimed to Enable AI, IoT, 5G

In his keynote address at the GPU Technology Conference (GTC), Nvidia CEO Jensen Huang stated that the company shipped more than one billion GPUs and its CUDA software development kit had six million downloads thus far in 2020. He revealed 80 new SDKs and 1,800 GPU-accelerated applications are available. The company also unveiled its BlueField-2, a powerful data center services accelerator. GTC was expected to draw 30,000 global attendees this week for more than 1,000 sessions and coincides with the Arm DevSummit, which features a chat between Huang and Arm chief executive Simon Segars. Continue reading BlueField-2: Nvidia Debuts Data Center Services Accelerator