Professional Growth, Technology

Arm offers new designs, software for AI on smartphones

On May 29, Arm Holdings (O9Ty.F) announced new chip designs and software tools aimed at enhancing smartphones' ability to handle artificial intelligence tasks. Additionally, the company introduced changes in how it delivers these blueprints to accelerate their adoption.Arm's technology, renowned for its energy efficiency, has been pivotal in the smartphone revolution and is increasingly prevalent in PCs and data centers. The smartphone market remains Arm's largest, where it supplies intellectual property to competitors like Apple (AAPL.O), Qualcomm (QCOM.O), and MediaTek (2