TOKYO -- SoftBank Group Chairman Masayoshi Son said Thursday the company's decision to sell U.K. chip designer Arm to U.S. chipmaker Nvidia will create an "amazing combination" that will accelerate the adoption of artificial intelligence.
Last month SoftBank announced it would sell Arm, which it bought in 2016 for $31 billion, to Nvidia in a $40 billion transaction. SoftBank will become a minority shareholder in Nvidia.
