Nintendo’s hardware partner just powered-up.

Arm – the British semiconductor design firm behind the mobile tech found in millions of devices worldwide via companies such as Apple, Microsoft and Qualcomm – is being acquired by Nvidia from Japanese company SoftBank for a whopping $40 billion.

Initially, at least, it seems that Nvidia is keen to keep things as they are, and Arm will continue to be based in the UK – Nvidia has even pledged funds to create an AI research centre at Arm’s HQ, which hints that the deal is more about the future of AI than it is leveraging Arm’s network of technology. Nvidia has also stated that it intends to create massive Arm-based data centres for cloud computing and other uses.

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