HomeNewsElon Musk expresses concern about the Nvidia-Arm deal

Elon Musk expresses concern about the Nvidia-Arm deal


Last Updated on 22/11/2021 by Sanskriti

The Telegraph claimed on Saturday that Tesla CEO Elon Musk has expressed reservations over Nvidia’s proposed acquisition of British chip designer Arm, citing numerous sources.

According to the publication, e-commerce giant Amazon and smartphone maker Samsung have also expressed their objections to the agreement with US authorities. The US Federal Trade Commission launched an investigation into the takeover earlier this year. According to the publication, the results of the investigation will be released in the following weeks.

A request for comment from Reuters was not immediately returned by Tesla, Samsung, Nvidia, and Amazon. According to sources familiar with the subject, Nvidia is set to seek European Union antitrust permission for its $54 billion (approximately Rs. 3,96,910 crores) acquisition of Arm early next month, with authorities, anticipated to begin a full-scale probe following a preliminary assessment. Last week, Musk stated that Tesla was working “as quickly as possible” to improve the much-anticipated upgrade to its self-driving software.

“Actually not great imo [in my opinion], but the Autopilot/AI team is rallying to improve as fast as possible.”

“We’re trying to have a single stack for both highway & city streets, but it requires massive NN (neural network) retraining.” Elon Musk tweeted about the Full self-driving beta version 9.2.

As per the recent 11 accidents, crashing directly into the fire trucks and police stations. US Safety regulators have added the name of Tesla under their scrutiny investigating its driver assistant system. As per the reports of the National Highway Traffic Safety Administration, one fatal car crash and seven cases reported 17 injured people which happened back in the year 2018.

The agency “is committed to ensuring the highest standards of safety on the nation’s roadways,” a spokesperson said, and in order to “better understand the causes of certain Tesla crashes, NHTSA is opening a preliminary evaluation into Tesla Autopilot systems.”

Sanskriti loves technology in general and ensures to keep TheDigitalHacker audience aware of the latest trends, updates, and data breaches.
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