On Feb. 7, Nvidia (NASDAQ: NVDA) formally announced the termination of its $40 billion bid for SoftBank's (OTC: SFTB.Y) Arm Holdings. Nvidia agreed to buy Arm back in September 2020 to create the "world's premier computing company for the age of AI." Read More...
American City Business Journals
Intel plants flag in blockchain with new product group
Chipmaker Intel (Nasdaq: INTC) is formally getting into the blockchain business. The company announced a custom product group within its new graphics chip business unit and its goal to have a blockchain accelerator chip shipping later this year. Blockchain technology, which underpins things like cryptocurrency and non-fungible tokens (NFTs), is growing in use and advocates believe will be integral to the next evolution of the internet by changing how we store, process and transact digitally.
