SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal
SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure.
SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing
SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.
SoftBank to acquire Ampere Computing in $6.5B deal
SoftBank Group Corp. has announced it will acquire US-based chip startup Ampere Computing in an all-cash deal worth $6.5 billion. The move reinforces SoftBank's expanding focus on artificial intelligence, positioning Ampere alongside its majority-owned Arm Holdings within its growing semiconductor portfolio.
SoftBank is buying Ampere Computing for $6.5 billion
SoftBank said it's acquiring chip designer Ampere Computing for $6.5 billion in cash. Ampere will operate as a subsidiary, keeping its name and headquarters in Santa Clara.
SoftBank to Buy Ampere Computing for $6.5 Billion
The Japanese investment holding company said that the purchase would help to enhance its capabilities in key artificial-intelligence areas and accelerate its growth initiatives.
SoftBank to acquire chip designer Ampere in $6.5 billion deal
SoftBank to acquire chip designer Ampere in $6.5 billion deal
SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion
The move is a bet that Ampere's chips can begin playing a significant role in data centers for creating artificial intelligence.
SoftBank Group to acquire Ampere Computing in $6.5 billion deal
SoftBank Group Corp said on Wednesday it will acquire Ampere Computing, a leading independent silicon design company, in an all-cash transaction valued at $6.5 billion.
SoftBank buys $676M old Sharp plant for its OpenAI collab in Japan
SoftBank is marching ahead on its ambitions to build out a major AI operation in its home market of Japan, on its own steam and in strategic partnership with others like OpenAI. On Friday, the tech company confirmed it would pay $676 million for factory previously used by Sharp to build LCD panels to convert it into an artificial intelligence data center.
SoftBank, OpenAI to jointly run AI agents at ex-Sharp LCD plant in Osaka, Nikkei reports
SoftBank plans to transform a former Sharp LCD panel plant in Japan into a data center for operating artificial intelligence agents developed in collaboration with U.S.-based ChatGPT creator, OpenAI, according to a Nikkei report on Friday.
SoftBank in talks to borrow $16 billion to fund AI, The Information reports
SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.
SoftBank Corp.: Resilient Core, Risky AI Push
SoftBank's telco arm has stayed resilient through a challenging backdrop. But new cash-burning AI ventures add a lot of near-term risk. The premium multiple leaves far too little room for error.
