ARM Holdings has officially become a minority stakeholder in one of the most popular micro computing brand, the Raspberry Pi Foundation.
The intention behind this investment is clear – ARM wants to bring AI to the masses. Currently, AI tools are either inaccessible to the general public or are too expensive to get a hold of. This is indirectly creating a monopoly in the market and with this partnership with Raspberry Pi, the Cambridge based company wants to break the trend.
Raspberry Pi, which uses ARM technology in its iconic product, will collaborate deeper with the company and help bring in a revolution in the AI and IOT market. People these days are really innovating at a rapid pace and with the expertise that these two brands have in their respective departments, this partnership is most likely to succeed.
There will also be an attempt to make better products at pocket friendly prices, thereby enabling startups to be a bit more relaxed about the expenses and focus more on the innovation. How successful this partnership will be in the long run, remains to be seen, but for now, this announcement is definitely going to be good news for all AI enthusiasts and startups.
