Not long after Brexit referendum, Softbank, the Japanese company made an offer to acquire ARM. Despite pleas from those who know what it means for a country to have a world beating technology company, Theresa May’s government refused to intervene, proclaiming the deal showed that post-Brexit, “Britain was open for business.” A great company let go for the sake of a nice easy sound bite. Though given this is a government which will happily tear up an international treaty protected by law, it will need to keep a straight face when negotiating any promises from NVidia. The other side of the coin suggests there’s not much point shelling out $40bn for a company and the drive away its formidable customer base. NVidia’s CEO Jensen Huang (pictured) says the company will create a world-class AI laboratory in at ARM’s headquarters in Cambridge, “a Hadron collider or Hubble telescope, if you like, for artificial intelligence."
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