Riding on the generative AI wave, British chip designer Arm Holdings Ltd. this week filed to go public on the Nasdaq exchange next month. It could be the largest IPO this year. However, it also might test investors' enthusiasm for AI, the Wall Street Journal reports.
Owned by Softbank, Arm isn’t a chipmaker itself; rather, it creates the “architectures”—or overall designs—that other companies use to build chips. SoftBank acquired Arm in 2016 for $32 billion, which at the time was the biggest-ever purchase of a European technology company, CNBC reports.
A successful Arm debut could breathe new life into a depressed IPO market that has paused many venture-backed startups’ plans to go public for the past two years, Crunchbase reports.
Apple's release of the iMac G3 a quarter-century ago was more than a major product launch, writes Wired columnist Steve Levy. It also marked the moment when Steve Jobs disclosed his plan to bring Apple back from the dead, using what he called the “whole-widget” strategy, whereby Apple’s products would be designed from scratch, with software created in-house, and marketed directly to consumers.
Managed charging, battery storage and other technologies are helping to build electric grid resiliency and stability as electric vehicle use grows, Government Technology reports. Estimates suggest the U.S. will need an additional 15 to 27 terawatt hours of electricity by 2050 to power electric vehicles, which is about 0.5 percent of current capacity.
When done right, design isn’t just visual—it’s experiential. For an e-commerce website, a well-thought-out design doesn’t just boost UX, it can propel sales. Web Designer Depot offers seven keys to designing a successful e-commerce site.
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“John has been widely acknowledged as one of the greatest inventors in our generation with significant impact on how we communicate in words, images and videos.”
—CEO Shantanu Narayen, on the death of Adobe co-founder John Warnock