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SoftBank Group to acquire Ampere Computing in $6.5 billion AI-focused deal

SoftBank Group Corp said on Wednesday it would acquire Ampere Computing, a U.S. chip startup founded by the former president of Intel that is increasingly focused on artificial intelligence, in a $6.5 billion all-cash deal.

AI hardware 7month
Sam Altman of OpenAI Discusses Super-Agentic AI with US Officials

In a landmark meeting that attracted attention from tech enthusiasts and policymakers alike, Sam Altman, the CEO of OpenAI, recently

How Korean chips can seize the 'Stargate' moment

The country is falling behind in an intensifying cycle of innovation and competition involving AI and the changes in the industrial landscape AI will bring

AI hardware 7month
This Scientist Left OpenAI Last Year. His Startup Is Already Worth $30 Billion.

Safe Superintelligence has become one of the most valuable companies in tech thanks to the reputation of former OpenAI researcher Ilya Sutskever.

ScanTech AI Systems Inc. Poised to Leverage Stargate AI Initiative in the U.S. Homeland Security Infrastructure Protection Sector

ScanTech AI Systems Inc. (Nasdaq: STAI) (the "Company" or "ScanTech AI"), a leading publicly-traded innovator of next-generation AI-enhanced checkpoint security scanning products is exploring opportunities within the Stargate AI Initiative,

Cybersecurity 7month
OpenAI co-founder Ilya Sutskever's new AI startup—that outsmarts humans in a safe way—is heading for a $30 billion-plus valuation

A $30 billion valuation would make Sutskever's Safe Superintelligence one of the most valuable private AI companies.

Constellation Energy Corporation (CEG): AI Demand Driving Power Growth

We recently published a list of Coatue's 35 Most Important AI Stocks. In this article, we are going to take a look at where Constellation Energy Corporation (NASDAQ:CEG) stands against Coatue's other most important AI stocks.

AI hardware 8month
Why would Arm's owner want to buy a rival to AMD and Intel? I can think of one reason

Ampere Computing, backed by Oracle, is a pivotal player in the AI and data center chip market, and acquiring it would undoubtedly bolster Arm's push beyond licensing chip designs to becoming a full-fledged chipmaker.

AI hardware 9month