Arm IPO to put SoftBank's AI hard sell to the test
TOKYO - When SoftBank Group-owned chip designer Arm files for a Nasdaq IPO on Monday, investors are set to hone in on a key question - will the company have"exponential growth" due to the boom in artificial intelligence as CEO Masayoshi Son claims?
The billionaire also said he has spent months creating hundreds of inventions with AI-powered ChatGPT that he believes can be realised through Arm. "An intra-company transaction isn't as strong a comparable as if it were with a third party," he said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bidens staying at Lake Tahoe home of climate activist Tom Steyer By ReutersBidens staying at Lake Tahoe home of climate activist Tom Steyer
Read more »
US imports of auto parts face scrutiny under law on Chinese forced labor By ReutersUS imports of auto parts face scrutiny under law on Chinese forced labor
Read more »
Philippines to resupply South China Sea troops after Beijing's block By ReutersPhilippines to resupply South China Sea troops after Beijing's block
Read more »
Ecuador candidate Sonnenholzner says shootout occurs near him By ReutersEcuador candidate Sonnenholzner says shootout occurs near him
Read more »
US sanctions 100 Nicaraguan municipal officials over rights abuses By ReutersUS sanctions 100 Nicaraguan municipal officials over rights abuses
Read more »
West African bloc holds talks in Niger with junta By ReutersWest African bloc holds talks in Niger with junta
Read more »