There is an article on the web explaining the purpose of SVE/SVE2 ("Scalable Vector Extension"), which is supposed to be the successor of SIMD on ARM : https://levelup.gitconnected.com/armv9-what-is-the-big-deal-...
Extract : "[...] the addition of SIMD instructions has led to an explosion in the number of instructions, especially for x86. And of course not every x86 processor will support all these instructions. Only the newer ones will support AVX-512. The beauty of SVE is that the same code will work for both the super-computer and the cheap phone. That is not possible with the x86 SIMD instructions."
There is also a Java proposal to use SVE as the way of doing SIMD in the Java world : https://openjdk.java.net/jeps/417
The same principle will be extended on ARM to matrices with "Scalable Matrix Extension" : https://community.arm.com/arm-community-blogs/b/architecture...
We can speculate that everyone will migrate to ARM / RISC-V at some point, or x86 will have similar instructions.