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Saudi Wealth Fund Chief Joins Board of SoftBank's Arm Group

The head of Saudi Arabia’s Public Investment Fund has joined the board of U.K. chip designer Arm Holdings Plc, deepening ties between the PIF, ARM parent SoftBank Group Corp., and its near-$100 billion technology financing vehicle. Yasir Othman Al-Rumayyan, managing director of the PIF, joined the board of Arm in…

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