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- Arm raises $5B at $54.5B valuation in IPO, at 20x P/S
Arm raises $5B at $54.5B valuation in IPO, at 20x P/S
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Top stories today:
- Arm raises $5B at $54.5B valuation in IPO, 20x P/S
- Elon after Senate AI meeting: “strong consensus” on regulation
- Starlink revenue $1.4B in 2022, from $0.2B in 2021
- Stable Audio, Stability's text-to-sound AI, launches
- Core CPI bounces back to 0.3% MoM, markets don't see hikes
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