SoftBank
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SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere
Masayoshi Son, chairman and chief executive officer of SoftBank Group. Image: SoftBank YouTube 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. Ampere’s lead investors, private…
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SoftBank could take major stake in OpenAI
SoftBank is in talks to invest up to $25 billion in OpenAI, according to reports, in a deal that would make it the biggest investor in the AI firm. According to the FT, the deal would see the firm invest between $15 billion and $25 billion into OpenAI, and possibly more, with a source telling the publication the amount was…
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