SoftBank Expands AI Portfolio with Ampere Deal
SoftBank Group has announced the acquisition of Ampere Computing for $6.5 billion, significantly boosting its AI and cloud computing capabilities. Ampere, a U.S.-based chipmaker, specializes in designing high-performance processors for AI and cloud workloads using Arm Holdings' architecture. The company was founded by Renée James, a former Intel president, and has gained attention for its efficient data center CPUs.SoftBank Group has announced the acquisition of Ampere Computing for $6.5 billion, significantly boosting its AI and cloud computing capabilities. Ampere, a U.S.-based chipmaker, specializes in designing high-performance processors for AI and cloud workloads using Arm Holdings' architecture. The company was founded by Renée James, a former Intel president, and has gained attenti...