Tag Archive : Arm

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(Reuters) – Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined 73.50 billion rupees (about $1 billion) in its retail unit.

Reliance, controlled by Asia’s richest man Mukesh Ambani, has secured more than $2 billion in investments from global investors, including KKR & Co, Abu Dhabi state fund Mubadala and Silver Lake Partners, in Reliance Retail Ventures Ltd over the past few months.

GIC will invest 55.12 billion rupees for a 1.22% stake, while TPG Capital Management will invest 18.38 billion rupees to own a 0.41% equity stake in the retail arm, the company said.

The investments in Reliance Retail values the company at a pre-money equity value of 4.285 trillion rupees ($58.47 billion), Reliance said.

This is TPG Capital’s second investment in Reliance. In June, the firm invested $598 million in Reliance’s digital unit

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  • Nvidia announced earlier this month that it intends to buy Arm from SoftBank for $40 billion. 
  • But the deal has several critics and now two technology investors are predicting it won’t go through. 
  • Nathan Benaich and Ian Hogarth made their prediction in their annual “State of AI” report. 



Jen-Hsun Huang wearing a suit and tie: Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017.


© Provided by CNBC
Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017.

LONDON – Nvidia’s $40 billion acquisition of chip designer Arm will most likely be blocked, according to two technology investors and artificial intelligence experts.

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In the “State of AI” report published Thursday, Nathan Benaich and Ian Hogarth list eight predictions for the industry over the next 12 months.

One of those predictions is: “Nvidia does not end up completing its acquisition of Arm.”

The U.S. chip giant announced earlier this month that it intends to buy Arm from

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windows10onarm64bit.jpg

Credit: Microsoft

It’s been a while since Microsoft officials talked up what’s happening with Windows 10 on Arm. But on September 30, Microsoft provided a bit of an update on some of the work that’s been happening with that platform.

Microsoft confirmed in a blog post on September 30 that Windows on Arm will be able to run x64 apps with x64 emulation. Windows Insiders will get this capability in test builds in November. The blog post doesn’t mention when this capability will be generally available.

Currently, Windows on Arm natively supports Arm apps, including ARM64 versions. But so far, only 32-bit Intel (x86) apps are supported in emulation. This lack of x64 emulation has limited the number of apps that can run on Windows on Arm devices, since apps that are 64-bit only haven’t been able to run on these devices. In May, there were hints Microsoft was making

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(Bloomberg) — Alibaba Group Holding Ltd. foresees its cloud services arm turning profitable for the first time this year, a milestone for the decade-old business that underscores how Asia’s largest corporation expects a return to pre-pandemic levels as China’s economy rebounds.

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Alibaba’s shares rose as much as 4% in Hong Kong, their biggest intraday gain in over a month. Its internet computing business is growing roughly 60% at an annual revenue run rate of about $7 billion, Chief Financial Officer Maggie Wu told investors at an annual company conference. The unit should turn profitable in the year ending March, she said.

Cainiao, the logistics service Alibaba folded fully into its broader empire in 2017, should generate positive cash-flow on an operating basis over the same period, she added.

China’s most valuable corporation has invested billions in hosting computing for corporations over the cloud, while building a nationwide logistics

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