Bloomberg SoftBank Group Corp. invested $300 million in WeWork Cos., a person familiar with the matter said, an influx of cash that values the New York-based coworking giant at more than $17 billion. The investment from SoftBank is the first in what will probably be a much larger stake, said the person, who asked not to be identified . …

  Bloomberg ARM, the UK-based semiconductor design firm, introduced a new chip targeted at markets ranging from self-driving cars to artificial intelligence. The new design, DynamIQ, is an update to ARM’s existing Cortex-A offering. The latter made up almost 20 percent of all ARM-based chips in the first three quarters of 2016, according to the company’s last available regulatory filing. …

  ABU DHABI / WAM Total energy investments in the Middle East and North Africa could approach the US$1 trillion mark over the course of five years, according to the latest edition of the MENA Energy Investments Outlook published by the Arab Petroleum Investments Corporation (APICORP). This is in spite of uncertainties that have been clouding the regional outlook. While …