Semiconductor giant Arm to launch AI chips next year, report says

Semiconductor giant Arm plans to launch AI chips next year as part of SoftBank's ambition to become a force in artificial intelligence. Arm will set up a dedicated AI chip division to build a prototype by spring 2025, with mass production expected to begin in the fall of that year. The total expense of AI chip development could reach hundreds of billions of yen. SoftBank aims to tap the $200bn AI chip market by 2030.