NVIDIA will also issue $1.5 billion in compensation in equity for existing Arm employees.
AI is the most powerful technology force of our time and has launched a new wave of computing.
According to Nvidia, Arm partners will also benefit from both companies offerings, including NVIDIAs numerous innovations.
However, currently, there is no clarity on the details regarding the benefits.
My management team and I are excited to be joining NVIDIA so we can write this next chapter together.
Completion of the transaction is expected to take place in approximately 18 months.
source: www.techworm.net
