Arm CEO Rene Haas says chip designer is an AI company now ...Middle East

Good morning. This is Michal Lev-Ram, reporting from Las Vegas, where about 130,000 people are expected to attend this week’s Consumer Electronics Show. Yesterday evening, Fortune gathered a much smaller subset of techies for a dinner (sponsored by Deloitte, which also sponsors this newsletter) that was all about AI and the environment. The first conversation of the night was with Rene Haas, the CEO of chip designer Arm Holdings, which became the biggest IPO of 2023 when it went public last September. Arm might seem like an unlikely company to talk about AI, but the transformative technology is already leading to a big growth opportunity for the firm: In its latest reported quarter, Arm sa

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