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? Since acquiring the chip designer in 2016, Son has positioned Arm as the tech investment conglomerate's crown jewel asset, and in recent months has enthusiastically talked up the role it could play in AI. Arm 'is at the centre of a group of AI-related companies to generate synergies' and '85% of SoftBank Group assets are AI-related companies overseas,' he told investors in June.
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. Nvidia has developed a "superchip" for use in data centres - the GH200, which contains CPUs based on Arm architecture. That said, the chip must compete with a host of alternatives.
But Bulk said Arm's opportunity lies in AI and machine learning moving away from centralised cloud servers towards the devices used by end users, such as phones, home appliances and machinery components.
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