'Arm Unveils New AI Chip, Expects It To Add Billions In Annual Revenue; Meta Platforms ​Will Be The Company's Lead ​partner For The AGI CPU ⁠and The Two Companies Worked Together On The Design.' - Reuters News

Arm has introduced a new AI chip and anticipates that it will contribute billions in annual revenue. Meta Platforms will serve as the lead partner for the AGI CPU, with both companies collaborating on its design. This strategic partnership is expected to enhance Arm's market position in the AI sector.