SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion
Briefly

SoftBank has announced a $6.5 billion deal to acquire Ampere Computing, a Silicon Valley chip startup, reinforcing its strategy to develop technologies originally built for smartphones that could transform data centers. The acquisition suggests SoftBank's confidence in Ampere's potential role in artificial intelligence, a field where Nvidia currently dominates. Founded eight years ago, Ampere specializes in data center chips leveraging technology from Arm Holdings—acquired by SoftBank in 2016. This move, part of a wider strategy to boost AI capabilities, is backed by SoftBank's chairman, who emphasizes the significance of advanced computing power for future innovations in AI.
SoftBank's acquisition of Ampere Computing for $6.5 billion signifies its commitment to chip technology aimed at powering data centers and advancing artificial intelligence.
The deal reflects SoftBank's belief that Ampere's chips will be crucial in advancing AI technology, where Nvidia currently leads.
Masayoshi Son emphasized that the future of artificial superintelligence hinges on breakthrough computing power, which Ampere’s high-performance chips can help provide.
This acquisition comes amidst a surge in demand for chips that fuel AI applications, with SoftBank aiming for a significant presence in this sector.
Read at www.nytimes.com
[
|
]