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arm ipo: SoftBank's Arm to ask for $47 to $51 per share in IPO

The price range, which has not been previously reported, would translate into a valuation for Arm of roughly between $50 billion and $54 billion, and an offering of $5 billion to $5.4 billion. It would make Arm the most valuable company to list in New York since electric car maker Rivian Automotive debuted in 2021.
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artificial intelligence: Huawei, Alibaba among companies seeking Chinese generative AI approvals

Chinas cyberspace regulator has received 110 applications from Chinese technology companies such as Huawei and Alibaba for approvals related to their generative artificial intelligence (AI) models and products, it said on Friday.
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