SoftBank's Arm considers acquiring UK's Alphawave

Arm, a chip technology provider owned by SoftBank, is considering acquiring UK-based Alphawave to gain access to its key AI processor technology. Alphawave has technology that determines the speed at which information is transmitted on a chip, which is critical to AI applications such as ChatGPT. The technology is called "serdes" and is one of Broadcom's core competencies. Although Arm decided not to make an acquisition after preliminary discussions with Alphawave, Qualcomm has also expressed interest in it.