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The Silicon Valley-based chipmaker is one of several existing Arm partners, including Intel, that the UK-based company is hoping will take a long-term stake at the initial public offering stage, which could come as soon as September.
One person familiar with the plans said Arm was keen to bring in Nvidia in its bid as a way to position AI as central to the UK group’s growth plans. “AI will be every third word in the offering document,” the person said. “Nvidia is so important as its involvement implies AI.”
https://www.ft.com/content/4522250e-7f70-4c60-9aad-1c49f42fa47e?tpcc=NL_Marketing
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