Research and development company Arm, which is owned by SoftBank, has announced that it will create its own AI processors. This comes as the company’s owner announces profits after a change in emphasis to AI.
The processor designer Arm, which is owned by SoftBank, has revealed ambitions to create its own artificial intelligence (AI) processors using the funds it has made from AI.
Arm is reportedly establishing a division to build artificial intelligence chips, according to a May 13 a narrative in Nikkei Asia. The company plans to release its first protocol in the spring of 2025 and begin mass manufacturing in the fall of the same year.
According to reports, Arm will be covering the first development expenditures, which are anticipated to be in the hundreds of billions of yen. SoftBank, who owns 90% of the company, will also contribute. The AI chip firm may break out under SoftBank’s umbrella once mass manufacturing is operational.
Reportedly, SoftBank has already begun talks with several companies, including Taiwan Semiconductor Manufacturing Corp, to obtain the ability to mass produce the chips.
Arm boasts that their technology powers the central processing units (CPUs) of “virtually all smartphones and tablets.” It controls more than 90% of the smartphone CPU architecture market.
Nvidia, a frontrunner in artificial intelligence chip development, also uses Arm architecture. To lessen its need on Nvidia, Arm is working on its own processors for advanced AI models.
This follows SoftBank’s announcement of a net profit for the year ending in 2024, after the company’s change in emphasis to artificial intelligence. The company’s plans over the next year included Arm in significant detail.
A primary priority for the business is the increased interest and growth in the AI sector, according to SoftBank chief financial officer Yoshimitsu Goto during a press conference in Tokyo:
“The Vision Fund, one of SoftBank Group’s long-standing assets that leverages AI, is at the heart of the AI transition that will build a new ecosystem, and Arm is at its core as well.”
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