SoftBank to acquire Ampere Computing, a silicon design company, in a cash transaction valuing the business at $6.5bn.

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Ampere Computing processors are optimized for cloud computing and AI applications and are used in a range of computing ...

SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.

The Santa Clara-based chip design startup adds to SoftBank's stable of AI bets.

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