The world is getting stranger, isn’t it? We understand, given the difficulties of selling Arm server chips to hyperscalers and cloud builders that are
Ampere Computing processors are optimized for cloud computing and AI applications and are used in a range of computing environments.
Under the terms of the agreement, SoftBank will acquire Ampere for $6.5 billion in cash. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second half of 2025. Ampere’s headquarters will remain in Santa Clara, CA.
This is one of the ways the Japan-based investment firm is exploring to finance its $500-billion AI infrastructure project in the United States.
Microsoft will get a boost to the value of its stake in ChatGPT-maker but there are complicated negotiations to come over OpenAI’s transition to a for-profit company.
SoftBank has announced plans to acquire the chip startup Ampere for $6.5 billion in an all-cash deal that “broadens its AI infrastructure investments.” For the last eight years, Ampere has been designing high-performance processors tailored for cloud computing, AI workloads, and data centres.
Hours after it pumped in part of the $40Bn fundraise for OpenAI, SoftBank Group is now reportedly in talks to secure a loan of up to $16.5 billion to support its growing investments in AI across the US. If finalized, this would be the largest US dollar-denominated loan in the history of the Japanese conglomerate, reports Bloomberg.
The Japanese tech investor could commit to about $1 trillion in such investments, significantly more than the $500 billion AI infrastructure investment that billionaire CEO Masayoshi Son announced at the White House in January with OpenAI CEO Sam Altman and Oracle's Larry Ellison.