The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.
SoftBank-owned processor designer Arm has announced plans to develop its own in-house artificial intelligence (AI) chips on the back of AI-related profits.
On May 13 a report from Nikkei Asia said that Arm is setting up a division for developing AI chips, with its first protocol to be released by spring 2025 and mass production anticipated by autumn of the same year.
It was reported that Arm will be taking up the initial costs of development, estimated to be in the hundreds of billions of yen, with contributions from SoftBank which owns a 90% stake. After mass production is up and running, there is a possibility for the AI chip business to spin off under SoftBank itself.
