SoftBank Group inked a deal to purchase U.S.-based chip designer Ampere Computing Holdings for $6.5 billion, the latest in a series of investments to advance its artificial-intelligence initiatives.

SoftBank is acquiring Ampere Computing, a Silicon Valley-based chip design startup, for $6.5 billion in cash, the company said in a statement Wednesday. SoftBank said that Ampere will operate as a ...

Under the terms of the agreement, SoftBank will acquire Ampere for $6.5 billion in cash. The transaction is subject to ...

Japan's SoftBank buys US chip startup Ampere Follows announced investments in OpenAI and Stargate project Aims to develop greater computing power for AI The all-cash deal announced on Wednesday ...

it entered into an agreement with Ampere Computing, a U.S.-based semiconductor design company focused on high-performance, energy efficient, sustainable AI compute based on the ARM compute ...

Softbank, whose CEO is also in charge of the gigantic Stargate AI project, is now following ARM and Graphcore in swallowing up CPU manufacturer Ampere Computing The Softbank Group, led by ...

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's CEO said the ...

SANTA CLARA, California/TOKYO (Reuters) -Japanese technology investor SoftBank Group is accelerating its move into chip technology companies with the $6.5 billion purchase of Ampere Computing ...

Japanese investment group Softbank said Wednesday that it had agreed to buy US chip startup Ampere Computing for $6.5 billion, deepening its push into artificial intelligence infrastructure.