Arm, which is being acquired by Nvidia for a $40 bn deal, while giving details about new chips said that its “N2” Neoverse computing cores will be 40% faster than the previous generation while its “V1” cores – designed for artificial intelligence tasks – will be 50% faster than traditional methods of doing the same tasks. The UK-based chipmaker said that Oracle and China-based Alibaba Group will use its new next-generation technology for the data centers.

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