Softacom CEO predicted that Artificial General Intelligence (AGI) would be realized within the next decade. Masayoshi Son, the founder and CEO of SoftBank Group Corp (TYO: 9984), has advised businesses in Japan to embrace the potential of Artificial Intelligence (AI) and called for early adoption. Son delivered the statement while speaking at the recent SoftBank World corporate conference, an annual event for the company’s corporate clients in Japan. Son’s keynote address brimmed with...
Read More »Arm Holdings AI Solution: Different Proposition from Nvidia
Arm’s processors are already playing a significant role in AI workloads, particularly in smartphones. As investors eagerly await the Initial Public Offering (IPO) from Arm Holdings Ltd, the semiconductor industry is basking in the glow of the Artificial Intelligence (AI) boom, exemplified by Nvidia Corp (NASDAQ: NVDA) which has printed a staggering 200% rally this year. However, a recent report from CNBC highlighted that Arm’s proposition differs significantly from Nvidia’s in terms of...
Read More »Arm Mulls Raising IPO Price Range amid Strong Investor Interest
Arm has successfully secured a lineup of cornerstone investors for its IPO, including some of the biggest names in the tech industry. Arm Holdings Ltd., the renowned chip designer owned by SoftBank Group Corp (TYO: 9984) is reportedly contemplating raising the price range of its highly anticipated Initial Public Offering (IPO). This move comes after meetings with potential investors revealed overwhelming interest in what is poised to become the world’s largest listing of the year. Arm...
Read More »Arm Holdings Projects Strong Revenue Growth Ahead of IPO
As AI continues to permeate various sectors, Arm Holdings stands to benefit significantly from this technological wave. Arm Holdings plc, a renowned chip designer backed by SoftBank Group Corp (TYO: 9984) recently revealed its ambitious revenue growth projections ahead of its Initial Public Offering (IPO) plans. Arm Holdings Shares Its Vision for Growth The company expects to achieve an impressive 11% increase in revenue for the current fiscal year. Looking further ahead, Arm Holdings...
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