Evening Scan

Arm's earnings after close made a stronger case for where AI infrastructure money is actually going than the day's supposed main story: the Musk v. Altman trial drama. A Swedish chipmaker also had a strong Thursday.

$2B — What Arm now expects AGI CPU demand to generate in 2027 and 2028 combined, more than doubling its prior guidance. (Financial Times)

Arm Says AGI CPU Demand Will Drive $2B in Sales in 2027–28

Q4 revenue up 20% YoY to $1.5B, and the company doubled its prior guidance on AGI-driven chip demand — stock jumped 11%+ after hours. (Financial Times)

Chipmaker Silex Jumps Nearly 160% in Stockholm Debut

The strongest open for a sizable European IPO in almost five years. Semiconductor enthusiasm extends beyond the US. (Bloomberg)

Mira Murati Testifies Sam Altman Lied About AI Safety Standards

The former OpenAI CTO said Altman misrepresented safety benchmarks for a new model and made her job harder — testimony that complicates OpenAI's nonprofit-conversion messaging. (The Verge)

EU Strikes Deal to Thin Out AI Act, Bans Nudification Apps

After two failed trilogues, Parliament and Council landed a compromise that pushes the high-risk compliance deadline to December — lighter than the original, though the nudification ban remained intact. (The Next Web)