Category: Arm
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SBI’s crypto arm to support USDC as Japan softens stablecoin rules
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Cryptocurrency, the Japanese SBI Financial Company, is preparing to offer support to Circle USDC Stablecoin, while local organizers have diluted Stablecoin. On March 4, SBI VC Trade Declare Complete the first registration related to Stablecoin transactions, allowing the company to start processing USDC (USDC) transactions. After getting full registration, you…
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Intel to spin off venture capital arm
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Intel is parting ways with another asset in the company’s shake-up over the past year, as its management seeks to focus on its core business. The chip company is spinning off its venture capital arm Intel Capital, which is active in Israel, where its portfolio includes Amnon Shashua’s artificial intelligence…
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Intel to Turn Venture Arm Into Separate Firm With New Name
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(Bloomberg) — Intel Inc., the once-dominant chipmaker struggling to revitalize its business and finances, plans to spin off its venture capital arm into a separate fund with a new name. Most read from Bloomberg The chipmaker will remain a “major investor in the new company,” according to a statement issued…
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Arm is poised for upside as edge AI emerges, Morgan Stanley says
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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, according to a Morgan Stanley report. Stanley said. Arm, which is partly owned…
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Arm Holdings plans to launch AI chips in 2025, Nikkei reports By Reuters
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(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 division and aims to build a prototype by spring 2025. Mass production…