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13th September 2023, 05:02 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,843
| Investors might be about to lose an Arm and a leg on IPO Arm wants to raise $5 billion from the IPO, which would value it at over $50 billion and there are signs that this is doable. Some of this is down to its owner Softbank positioning the British chip designer as an AI play which is “central” to the transition to AI-enabled computing. https://fudzilla.com/news/mobile/575...d-a-leg-on-ipo |
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