SoftBank’s Arm Files for Biggest IPO of Year With Eye on AI (3) | CPT PPP Coverage

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SoftBank’s Arm Files for Biggest IPO of Year With Eye on AI (3) appeared on news.bloomberglaw.com by Ian King,Michael Hytha.

SoftBank Group Corp.’s Arm Holdings Ltd. took a step toward what’s set to become the biggest US initial public offering of the year, a bet that the once-obscure designer of phone chips can flourish in the era of artificial intelligence computing.

In a long-awaited regulatory filing Monday, Arm said the offering is being led by Barclays Plc, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Mizuho Financial Group Inc. The document listed 24 other underwriters below that top tier — with Morgan Stanley notably absent.

A successful debut by Arm would provide a windfall for …

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SoftBank’s Arm Files for Biggest IPO of Year With Eye on AI (3) | CPT PPP Coverage

Cryptopolytech (CPT) Public Press Pass (PPP) News of the Day COVERAGE

200000048 – World Newser •| #World |•| #Online |•| #Media |•| #Outlet |

Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE

200000048 – World Newser
•| #World |•| #Online |•| #Media |•| #Outlet |