Ampere

SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

Enterprise /

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. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to […]

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SoftBank could soon buy Renee James’ Ampere chip company for about $6.5B

Hardware /

Ampere, the semiconductor business founded by former Intel exec Renee James, is reportedly on the cusp of selling itself to SoftBank — the latest in an ongoing saga over the company’s future ownership. The deal could value Ampere at about $6.5 billion, Bloomberg reports. That’s a price cut from the $8 billion valuation in 2021,

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Ampere teams up with Qualcomm to launch an Arm-based AI server

Hardware /

Ampere and Qualcomm aren’t the most obvious of partners. Both, after all, offer Arm-based chips for running data center servers (though Qualcomm’s largest market remains mobile). But as the two companies announced today, they are now combining forces to offer an AI-focused server that uses Ampere’s CPUs and Qualcomm’s Cloud AI 100 Ultra AI inferencing

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