After watching its share price almost double in a week, Arm has further tapped into the demand for AI compute. The chip designer today announced a deal with Nuro, a US startup in the autonomous vehicle (AV) sector — a growing market for Arm. The partnership aims to accelerate the commercialisation of self-driving cars. Arm will bring its famed semiconductor IP to Nuro’s vehicles, starting with the startup’s delivery robots. With zero occupants inside, these AVs can fully focus on external road dangers, which makes a useful stepping stone to broader autonomy. As small, fully electric machines, they also need maximum efficiency…
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