Rene Haas

So if you can navigate for those licenses being expedited, the world works really well in semis when it's flat.

And a global ecosystem, may the best company win.

The company was started in the UK, in Cambridge, in a barn, part of a joint venture for the Apple Newton building a processor, a combination of a joint venture of Apple and VLSI Technology.

They needed a low-cost chip that could run off a battery.

They contracted a company to build the chip.

The chip wasn't so good, but a bunch of guys said, you know what?

The design's pretty good, and why don't we try to build a business from it?

And that's how Arm was born.

I'm the fourth CEO.

I'm the first one that is not from the UK.

And what I've been trying to do in the three and a half years that I took over is to keep the great scientists and technology innovation that we have in Cambridge

but inject a bit of a Silicon Valley aggressiveness and twist to moving faster and going quicker.

Now, as you said, half the employees are in the UK, but we've got folks globally, 2,000 people in Bangalore, probably over 1,000 in the United States, different parts of Europe.

So it's a highly global company.

And we go where the talent is, and we look for great engineers.

We need far more investment.

Our business is not one yet where I can say I'm hiring less people because of AI.

I'm certainly hiring less finance people and legal people.

Sorry, Jason and Spencer, if you're in the audience.

But for engineers, AI for development, AI for creation, AI for science, that's still a hard problem to solve, which is why we need more engineers to develop chips, which is great.