By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Arm Ltd, the British chip technology firm owned by SoftBank Group Corp, on Wednesday launched its next generation of data center chip technology called Neoverse V2 to meet the explosive growth of data from 5G and internet-connected gadgets. Arm creates underlying intellectual property that other firms such as Qualcomm or Apple then license to create their own processor chips. Arm’s technology powers most mobile phones, but it has been making a big push into data center processors where Intel Corp and Advanced Micro Devices have long dominated. Arm…