After watching its share price almost double in a week, Arm has further tapped into the demand for AI compute. The chip designer today announced a deal with ****, a US startup in the autonomous vehicle (AV) sector — a growing market for Arm. The partnership aims to accelerate the commercialisation of self-driving cars. Arm will bring its famed semiconductor IP to ****’s vehicles, starting with the startup’s delivery robots. With zero occupants inside, these AVs can fully focus on external road dangers, which makes a useful stepping stone to broader autonomy. As small, fully electric machines, they also need maximum efficiency…
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Arm says ‘software is becoming the driver’ for cars after inking deal with ****