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...“AI is going to be everywhere and it all runs on Arm,” Rene Haas, the SoftBank-owned chip designer’s chief executive, told prospective investors in a pitch video seen by the Financial Times....
...The Cambridge-headquartered company disbanded Arm Research last year as part of a strategy implemented by chief executive Rene Haas that involved cutting up to 15 per cent of jobs across the business....
...Haas said Arm’s V9 designs were “in all of the premium smartphones” from companies including Apple, Samsung and Google....
...Smartphone sales have declined in the past two years but, Haas said last month, are starting to show signs of recovery....
...“That is driven by the fact that companies don’t want to lose their high-potential employees in a tight labour market.”...
...The company’s revenue of $824mn was up 14 per cent year on year, above consensus estimates of $762.99mn, according to S&P Capital IQ....
...“A few years from now we won’t talk about the percentage of devices that have AI in them, it will be sort of table stakes that they all do,” Haas said....
...Arm chief executive Rene Haas appeared at the same event to announce a new partnership with Intel, quipping that, given their history, the two companies made “strange bedfellows”....
...Inflation-adjusted average salaries for US-based business degree graduates, four years after graduating have also been dropping, according to an analysis by the workforce data company Revelio Labs....
...“You can wear Jessica to the Met – and be in great company – but also on the school run. She really gets the multi-dimensional life that people lead, and that’s why they love her.”...
...Despite selling about 10 per cent of Arm in the IPO, SoftBank has been a “net buyer” of the company’s shares, Haas said....
...Haas said the Cambridge-based company was now “far more diversified”, having shifted from earning about two-thirds of its revenues from mobile phone chips when SoftBank acquired it to less than half....
...Ann E Harrison is an economist and the 15th dean of the Berkeley Haas School of Business....
...But Jeff Maggioncalda, the company’s chief executive, recently launched his own course on artificial intelligence....
...Arm chief executive Rene Haas is in line to receive a $20mn cash award upon completion of the IPO, on top of a $20mn stock award....
...Tech executives including OpenAI’s Sam Altman, Elon Musk, Salesforce’s Marc Benioff, Google’s James Manyika and Demis Hassabis, and Arm’s Rene Haas are also in attendance....
...Ann Harrison, of the Berkeley Haas School of Business, says policymakers need to put people before robots and not let automation drive down incomes. Thinking of an MBA?...
...The deputy minister of science and technology Zhang Guangjun urged Arm to deepen its co-operation with Chinese universities, research institutes and companies in a meeting with its chief executive Rene Haas...
...As well as retaining more than 90 per cent of a company that Son believes will underpin the future of computing, SoftBank will also be able to lean on the newly listed company as a big source of financing...
...In the meeting with Zhang Guangjun, a deputy science and technology minister, Arm chief executive Rene Haas emphasised China’s importance to the company....
...The board of Toshiba has approved a $15bn buyout offer from a consortium of domestic companies led by a Japanese private equity fund, according to people familiar with the talks....
...Katherine Baird, associate director for sustainability, at Haas says: “We have really seen that, through careful asset allocation and understanding of risk, students can achieve equivalent or better than...
...In a statement on Thursday, Toshiba said it received a final acquisition proposal from JIP, which has teamed up with financial services group Orix, Chubu Electric, chipmaker Rohm and other Japanese companies...
...“Some of the organisations feel it would be more convenient to have one target per sector”, said Caroline Haas, head of climate and ESG capital markets at NatWest....
...In a statement on Thursday, Toshiba said it received a final acquisition proposal from JIP, which has teamed up with financial services group Orix, chipmaker Rohm and other Japanese companies....
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