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SoftBank reportedly wants to invest in artificial intelligence (AI) after successfully taking tech company Arm public. Masayoshi Son, founder and CEO of the Japanese conglomerate, is interested in in
Japan's SoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its Arm unit, the Financial Times reported on Saturday.
SoftBank Group's Arm Holdings soared almost 25% above its Nasdaq debut price on Thursday, valuing the company at $65 billion.
Shares of SoftBank's Arm Holdings rose before the bell on Friday, extending gains from a stellar Nasdaq debut that valued the British chip designer at $65 billion, in a relief to the U.S. IPO market f
The roaring success of Arm Holdings' stock market debut makes it much easier for owner SoftBank Group to revert to its natural state - acquisition-hungry.

SoftBank's Arm by the numbers

12:20am, Friday, 15'th Sep 2023
SoftBank Group's Arm Holdings soared almost 25% above its Nasdaq debut price on Thursday, valuing the company at $65 billion.
SoftBank Group shares rose Friday morning in Tokyo after chip designer Arm surged in its Nasdaq debut overnight, raising hopes for a recovery in the IPO market.
Arm Holdings Plc climbed 25% in its US trading debut, helping shares of its owner SoftBank Group Corp. rise in Tokyo. Arm has raised $4.87 billion in the year's biggest initial public offering.
Investors looking to bet against the soaring shares of newly-listed Arm Holdings may have to wait at least a day before the stock becomes available for shorting, analysts said.
Shares in SoftBank's Arm Holdings ARM.O opened 18% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at nearly $60 billion in its return to the public market
Aswath Damodaran, professor of finance at NYU Stern School of Business, joins 'The Exchange' to discuss a potentially over-zealous hype going into the ARM IPO valuation, concerns about SoftBank's invo
AI is capable of helping solve the world's biggest problems and could potentially surpass the intelligence of humans, says SoftBank's Masayoshi Son.
Arm's China subsidiary is "doing well" with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas said.
Arm Holdings secured a $54.5 billion valuation in its U.S. initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the chip designer private for $32 billion.
SoftBank's chip designer Arm Holdings is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the U.S. IPO market after a drought that lasted for nearly 16 months.
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