Tuesday, August 22, 2023

Arm spent 3,500+ words in its 330-page IPO prospectus explaining the risks in China, a critical market that accounted for ~24% of its sales in the year to March (Bloomberg)

Bloomberg:
Arm spent 3,500+ words in its 330-page IPO prospectus explaining the risks in China, a critical market that accounted for ~24% of its sales in the year to March  —  - Geopolitical tensions, China economic woes hurting sales  — Power struggle with fired China unit CEO still casts shadow



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UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Mauro Orru / Wall Street Journal : UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center bui...