SoftBank’s Masayoshi Son Talks AI, Future At Arm’s Historic IPO

Arm Holdings PLC (NASDAQ: ARM), known for its CPUs that Nvidia Corp.’s (NASDAQ: NVDA) GPUs rely on for artificial intelligence, took center stage Thursday with its IPO at a valuation of $54.5 billion, setting the record for 2023. The company shares are now trading at the $60 level, with SoftBank Group Corp – ADR (OTCMKTS: SFTBY), the 2016 buyer of Arm for $32 billion, retaining 90% of its holdings. In a Thursday CNBC interview, discussions veered toward the future of artificial intelligence (AI). Masayoshi Son, SoftBank’s founder, shared his thoughts. “Since I started SoftBank, I [have been] a…

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