Arm

Various photography Arm Holding Company shares (NASDAQ: ARM) Owns Jumped more than 130% Year-to-date, the AI ​​spending boom continues. But as AI starts to reach the edge, the British chip designer is poised to reap big rewards,…

(Reuters) - SoftBank Group arm Holdings (NASDAQ:) plans to develop artificial intelligence chips and aims to launch the first products in 2025, Asia reported on Sunday. The report added that UK-based Arm will set up an AI chip…

Barclays UK has announced the acquisition of Tesco Bank’s retail banking business for an initial sum of £600 million. The deal involves Britain’s largest supermarket group divesting its banking operations, including credit cards,…

After crypto exchange FTX and its trading arm Alameda Research filed for bankruptcy in November 2022, the failed company has been attempting to recover assets to refund its creditors. In a new development, the FTX affiliate has…

Arm Holdings Plc has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge of the move.  The British firm’s actions mirrored those…

Breadcrumb Trail LinksPMN Business“The thing I worry about most is humans losing capability” over the machines, said  Rene Haas, Chief Executive Officer of Arm Holdings Plc, when asked what keeps him up at night when he thinks about…

© Reuters. Arm Holdings reports Q2 beat, shares fall 7% on soft Q3 guidance Arm Holdings (NASDAQ:), which went public on September 14, saw its shares drop more than 7% after-hours today following its Q2 report that exceeded…

Stay informed with free updatesSimply sign up to the Financial servicesmyFT Digest -- delivered directly to your inbox.A group of veteran US financial journalists is teaming up with investors to launch a trading firm that is designed to…

Meanwhile, Alibaba has put a hold on Hong Kong IPO plans for its grocery chain Freshippo. The Alibaba Group’s logistical arm Cainiao Network Technology is set to reportedly file for its Hong Kong Initial Public Offering (IPO) by next…

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