ARM’s owner started raising money to create a rival company to NVIDIA: it’s short of $70 billion (!)
February 19, 2024
0
To provide the computing power needed for artificial intelligence technologies, graphics processors called GPUs are used instead of processors called CPUs. NVIDIA is the leader in this market.
To provide the computing power needed for artificial intelligence technologies, graphics processors called GPUs are used instead of processors called CPUs. NVIDIA is the leader in this market. Japanese technology billionaire and Soft Sofa Founder of the group MasayoshiEndhas committed itself to raising money for a large-scale initiative that could change this.
Son, inspired by the Japanese god of creativity Izanagi He wants to raise a $100 billion fund for the project he has codenamed. The billionaire, who recently started reducing his support for new ventures, is now doing so artificial intelligence It has set its sights on semiconductors. Son, who will use ARM within SoftBank, wants to develop custom designs for artificial intelligence under this brand.
Looking for a $100 billion fund
Izanagi, which will be able to use ARM’s instruction sets in the first phase, can therefore compete directly with NVIDIA. Currently Son’s allowance for Izanagi within SoftBank $41 billion It is stated that . In addition to this amount, the technology billionaire also received money from national funds from the Middle East. 70 billion dollars Try to get as many investments as possible.
Used for specialized systems that can handle massive data sets, such as machine learning and neural networks artificial intelligence chips, requires a special semiconductor. This has created a market where demand is very high but supply is very low. Until now Intel, AMD, NVIDIA Son believes he can enter this market as a new big player, where some startups are skimming. It is unknown if Izanagi will focus on AI training or inference. Still, it must be admitted that the risk-taking billionaire will pose an interesting challenge.
Follow Webtekno on Threads and don’t miss the news
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.