The owner of the ARM was one of the major shareholders Nvidia
According to Bloomberg, SoftBank Group has a Nvidia stock worth about $ 4 billion, making it the fourth-largest shareholder of the manufacturer of graphics processors.
The Japanese company is committed for ten years to become the largest investor in the field of high technologies. That the purpose of the Fund, which has already managed to attract 93 billion. It is known that the priority in the choice of objects for investments expected to be a promising direction, for example, the development of artificial intelligence.
Recall that Nvidia is widely used for deep learning neural networks and other applications associated with artificial intelligence.
One of the recent acquisitions, SoftBank is buying the company’s ARM for 31 billion dollars.
Source: CDR Info