SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere
Briefly

SoftBank has announced its intention to acquire chip startup Ampere for $6.5 billion, focusing on enhancing AI infrastructure investments. Ampere has expertise in high-performance processors for cloud and AI workloads. Major stakeholders Carlyle and Oracle will divest their stakes amounting to 91.92%. Post-acquisition, Ampere will operate as an independent subsidiary. SoftBank aims to reinforce its positioning in the AI market following its previous acquisition of Arm Holdings. The company is investing heavily in AI projects, including a partnership with OpenAI and plans to fund generative AI infrastructure in the U.S. over the next four years.
SoftBank's acquisition of Ampere for $6.5 billion highlights its strategy to enhance AI infrastructure and cloud computing capabilities through high-performance processors.
With Ampere's expertise in energy-efficient chips aimed at AI workloads, SoftBank seeks to reinforce its pioneering role in the rapidly evolving AI sector by leveraging modern technology.
Read at TechRepublic
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