SoftBank just sold the world's hottest AI stock — so it can buy more AI

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OpenAI CEO Sam Altman and Softbank CEO Masayoshi Son in Tokyo, 2025
Softbank CEO Masayoshi Son has agreed to put $30 billion into Sam Altman's OpenAI.

YUICHI YAMAZAKI/AFP via Getty Images

All eyes are on ARM as the chipmaker prepares to start trading in 2023's biggest IPO. It will be a massive test of confidence in the AI boom.

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ARM is preparing to return to the stock market in a blockbuster IPO.
ARM is preparing for a blockbuster return to the public markets on Thursday in a test of investor appetite for AI-related companies.

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