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AI isn’t just a buzzword trying to drive PC sales to consumers. It’s also becoming a huge and very lucrative business — just ask Nvidia, which has more than doubled its stock price in the last year off of selling GPUs to data centers powering the backend of generative artificial intelligence apps. And chip competitor Arm, and its business daddy SoftBank, wants a piece of that pie. Nikkei Asia reports that Arm is currently setting up an AI division and seeking partners for mass chip production, with a prototype AI chip planned for early 2025 and full-scale manufacturing penciled in for the fall…

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