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A group of senior employees from Arm China have left the company to create a government-backed startup, raising concerns that it could divert revenue from the British chip designer. The move comes as Beijing is increasing its efforts in cutting-edge processors and becoming more competitive in legacy chip manufacturing and chip design. Additionally, there are fears that the collaboration between Saudi Arabia and China in artificial intelligence could jeopardize the Gulf kingdom's access to US-made chips needed for the technology. The US is also considering restrictions on the use of upcoming AI models in collaboration with Chinese companies, which could hinder progress in AI research.
Former Arm China Execs Establish New Government-Backed Chip Firm https://t.co/6LsuySsXGy https://t.co/cumlI3vBJ2
EXCLUSIVE: Senior Arm China employees have quit to create a government-backed startup that some fear could divert revenue from the British chip designer https://t.co/318Y4xrWvB
Beijing-backed server chip startup formed by ex-Arm China execs https://t.co/BHbz0nMkbR
The US is considering trying to restrict the use of upcoming "frontier models" in AI with companies in China. One can see why! But it could also kneecap the most promising ways that US and Chinese researchers are working together to move AI forward. https://t.co/Qg9m8jbTeI
$ARM (-0.8% pre) Senior Arm China Staff Quit to Create Government-Backed Startup - BBG https://t.co/Bzwl3oSDxA
EXCLUSIVE: Senior Arm China employees have quit to create a government-backed startup that some fear could divert revenue from the British chip designer https://t.co/tY2oyXy0eV
Sources: several key ex-Arm staff in China depart for Borui Jingxin, a local government-backed chip design firm, worrying Arm investors over future China sales (Bloomberg) https://t.co/ZGp4Evvs63 đź“« Subscribe: https://t.co/OyWeKSRpIM https://t.co/LRHuS6YXAP
EXCLUSIVE: Senior Arm China employees have quit to create a government-backed startup that some fear could divert revenue from the British chip designer https://t.co/tVF6K6hNMH
Exclusive: Senior Arm China employees have quit to create a government-backed startup that some fear could divert revenue from the British chip designer https://t.co/54dU2TJnG2
EXCLUSIVE: Senior Arm China employees have quit to create a government-backed startup that some fear could divert revenue from the British chip designer https://t.co/J6zfA7XMJN
Exclusive: Senior Arm China employees have quit to create a government-backed startup that some fear could divert revenue from the British chip designer https://t.co/oKeDE4y0md
"Saudi-#China collaboration in artificial intelligence has stirred fears w/in the Gulf kingdom’s premier academic institution that the ties could jeopardise the university’s access to US-made chips needed to power the new technology." https://t.co/hJf6NeD6Vm
Rule curbing AI chip exports to China under final review https://t.co/2dpMeYcCtO https://t.co/IhOZGCQOx1
"A year after the export controls were announced, Beijing is complicating Washington’s plan. Not only is the Chinese government doubling down on cutting-edge processors, it is also becoming more competitive in legacy chip manufacturing and chip design," https://t.co/HNceb6ntBg