SoftBank subsidiary Arm plans to launch AI chips in 2025
Arm, a subsidiary of SoftBank Group, will enter the development of AI chips, establish an AI chip department, and plan to launch the first batch of related products next year. This is part of SoftBank Group CEO Masayoshi Son's plan to invest 10 trillion yen (approximately 64 billion US dollars) to transform the group into an AI giant, including investments in data centers and robot technology.
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The Daily: Tornado Cash co-founder's motion to dismiss denied, Lummis says Republican Senate would benefit digital assets, Bitcoin ETFs see largest i
Tornado Cash co-founder Roman Storm is set to face a trial on money laundering charges after a U.S. judge rejects his motion to dismiss the case.Sen. Cynthia Lummis said a flip to a Republican-controlled Senate following this year’s elections would bode well for digital assets.U.S. spot Bitcoin ETFs registered $365.7 million worth of net inflows on Thursday — the largest since late July.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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