Arm CEO Rene Haas.
Photographer: Hollie Adams/BloombergThe Leader
Arm CEO Sees AI Transforming the World Much Faster Than the Internet
Rene Haas, the chief executive officer of Arm Holdings, says AI’s impact will be ‘quite, quite dramatic’ and there’s no holding back smart cars.
Less than two years after becoming chief executive officer of Arm Holdings Plc, Rene Haas led the British chip designer to the world’s biggest initial public offering of 2023, raising $4.87 billion. Since then, the shares have more than doubled, valuing the Cambridge-based company at nearly $150 billion.
Haas aims to put Arm — which designs chips for tech giants like Apple Inc. and Samsung Electronics Co. — at the forefront of artificial intelligence. The battle over intellectual property has triggered an escalating legal dispute with longtime-partner Qualcomm Inc.