SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere
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.
SoftBank Group (OTCPK:SFTBY), the investment-focused holding company housing subsidiaries like SoftBank Corp. (OTCPK:SOBKY) ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergDespite Cost-Cutting Moves, Trump ...
OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI’s for-profit shift, the latest turn in a grudge match between the world’s richest person and OpenAI CEO Sam Altman playing out ...
(Reuters) - Indonesia's biggest tech firm PT GoTo Gojek Tokopedia forecast a sharp increase in its underlying earnings for ...
Earlier this month, SoftBank reported a net loss of ¥369.2 billion ($2.5 billion) for the fiscal third quarter, compared with a profit of ¥950 billion a year earlier. The Vision Fund unit logged ...
The sale of the Sakai facility is expected to generate an extraordinary profit, helping Sharp return to profitability. SoftBank Corp. plans to build a network of AI data centers across major ...
Kunal Bahl and Rohit Bansal acquired 93,500 shares for a combined investment of approximately Rs 1 crore. With this purchase, ...
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