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.
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