Reuters was first to report that Amazon.com is in talks to join other technology companies as a cornerstone investor in SoftBank Group Corp’s Arm Ltd ahead of its initial public offering (IPO). Amazon’s potential involvement in the IPO, which had not previously been reported, underscores Arm’s significance in cloud computing.
The post Amazon in talks to become anchor investor in Arm ahead of IPO appeared first on Reuters News Agency.
Source: Reuters News Agency
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