Skip to content
Friday 4 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,820.26
-0.10%
DAX
26,142.62
+0.54%
CAC 40
8,279.83
-0.08%
STOXX 50
6,402.66
+0.31%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 05 October 2020 3:01 pm

Nvidia to build UK’s largest supercomputer after $40bn Arm takeover bid

By: James Warrington

Add as a preferred source on Google
Graphics Chip Maker Nvidia Reports Quarterly Earnings

Nvidia today announced plans to build the UK’s largest supercomputer, just weeks after the US tech group tabled a controversial $40bn (£31bn) offer for British chip designer Arm.

The £40m supercomputer — dubbed Cambridge-1 — will be made available to healthcare researchers using artificial intelligence to find cures for a range of medical challenges, including Covid-19.

Unveiling the investment at the company’s GTC 2020 conference today, Nvidia founder and chief executive Jensen Huang said: “Tackling the world’s most pressing challenges in healthcare requires massively powerful computing resources to harness the capabilities of AI.

“The Cambridge-1 supercomputer will serve as a hub of innovation for the UK, and further the groundbreaking work being done by the nation’s researchers in critical healthcare and drug discovery.”

The US tech giant said Cambridge-1, which is expected to be online by the end of the year, will rank 29th on the list of the world’s most powerful supercomputers.

Glaxosmithkline and Astrazeneca will be among the first pharmaceutical giants to be given access to the computer. Researchers from Guy’s and St Thomas’ NHS Foundation Trust, King’s College London and Oxford Nanopore Technologies will also be able to use the technology.

Health secretary Matt Hancock welcomed the announcement, describing it as a “tremendous vote of confidence in the UK as an international centre for research”.

“Accelerating drug discovery has never been so important and it is investments like this that can make a real difference in our fight against countless diseases,” he said.

Read more

As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom

Smiling man with gray hair and glasses in a dark suit and blue tie, speaking at an event.

It comes amid increasing pressure for the government to intervene in Nvidia’s planned $40bn takeover of UK chip giant Arm.

Industry figures and MPs have raised concerns that the deal will rob the UK of its tech golden child, while Arm cofounder Hermann Hauser branded the plans a “disaster”.

However, Nvidia has insisted Arm will remain headquartered in Cambridge.

The US company has also pledged to create an AI centre for excellence in the city that will boast an additional Arm-based supercomputer.

Nvidia today also unveiled plans to create a new type of chip for data centres as it ramps up its challenge on rivals such as Intel.

The multi-year plan will see the company use AI to expand the functions of its chips into tasks such as facial recognition and hack detection.

The proposed data processing unit chips will combine technology acquired through Nvidia’s $6.9bn acquisition of Mellanox Technologies with AI and computing power from Arm.

The firm said companies including Dell and Lenovo plan to integrate the new chips into their computers.

Read more

FTSE 100 creeps closer to record high as investors dodge AI turmoil

The FTSE 100 enjoyed a 3-year record rally in the third quarter.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Related Topics

  • ARM Holdings

Trending Articles

  • Victoria Beckham owed £350,000 by Harvey Nichols

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss

  • ‘Large tax hikes on the way’: How the global bond rout is boxing in Healey

More from Morning Wire

  • As it happened: FTSE 100 falls but Nasdaq soars after Nvidia sales boom

    FTSE 100 Live
    Smiling man with gray hair and glasses in a dark suit and blue tie, speaking at an event.
  • FTSE 100 creeps closer to record high as investors dodge AI turmoil

    Markets
    The FTSE 100 enjoyed a 3-year record rally in the third quarter.
  • FTSE 100: Stocks slip; weak housebuilding drives faster construction downturn

    FTSE 100 Live
    Construction workers in hard hats and high-visibility jackets on scaffolding at a new build house site
  • Legora eyes $10bn funding valuation four months after last raise

    AI
    Canada skyline
  • As it happened: FTSE 100 jumps as oil falls back; Warsh says ‘work to do’ on inflation

    FTSE 100 Live
  • Exclusive: Blackstone set to back AI ‘droid’ firm at $3.5bn valuation

    AI
    Blackstone skyscraper with modern architecture under clear blue sky, symbolizing financial power and urban development.
  • As it happened: FTSE 100 jumps in best streak since May; Vistry, Melrose lead risers

    FTSE 100 Live
    LSEG signage and digital stock market ticker displays inside a modern financial building.
  • Point2 Completes $136M Series B Funding with Arm, LB Investment, and Maverick Silicon

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook