Amazon (AMZN) is in discussions over joining other technology companies as an anchor investor in SoftBank’s (SFTBY) Arm ahead its IPO, Reuters’ Echo Wang and Anirban Sen report, citing people familiar with the matter. Amazon’s possible investment in the listing underscores Arm’s significance in cloud computing, the authors note. The SoftBank unit intends to list on the Nasdaq in early September and is seeking to raise $8B-$10B, the authors say, citing one of the people.
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