Japanese company SoftBank has completed its acquisition of Ampere Computing, paying approximately $6.5 billion for the US chip designer. Ampere has now become a wholly owned subsidiary of SoftBank.
Founded in Silicon Valley in 2018 by former Intel veteran Renée J. James, Ampere began with a focus on cloud-native computing. Since then, the company has significantly expanded its activities, particularly in the field of AI. Ampere offers a range of products for diverse cloud workloads, from edge computing to data centers.
“The future of Artificial Super Intelligence requires breakthrough computing power,” said Masayoshi Son, Chairman and CEO of SoftBank Group Corp. “Ampere’s expertise in semiconductors and high-performance computing will help accelerate this vision, and deepens our commitment to AI innovation in the United States.”
