After watching its share price almost double in a week, Arm has further tapped into the demand forAIcompute.
The partnership aims to accelerate the commercialisation of self-driving cars.
Arm will bring its famed semiconductor IP to Nuros vehicles, starting with the startups delivery robots.
Another attraction to Nuro is the breadth of Arm architectures.
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Arm estimates that 70% of the worlds population uses products that depend on its IPs.
For Arm, the pact deepens a concerted push into the automotive segment.
Comparisons to data centres on wheels are now commonplace.
For Arm, this makes the automotive segment extremely attractive.
Since 2020, the company has more than doubled its revenues from the sector, theFinancial Times reportedlast year.
That made it Arms fastest-growing unit.
Robert Day, Arms director of autonomous vehicles, said the industry has reached an inflection point.
Software is becoming the driver excuse the pun for the next generation of vehicles, Day told TNW.
Thesoftware-defined vehicle is becoming a reality.
The startup is targetinglevel 4 autonomy, which doesnt need a human driver under certain road conditions.
By working with Nuro, Arm will also get insightinto the broader needs of AVs.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
