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SoftBank Group Corp is set to acquire Ampere Computing, a U.S. chip startup, for $6.5 billion in cash. Founded by former Intel president Renee James, Ampere specializes in AI-focused CPU chips for data centers. This acquisition will see major investors Oracle and Carlyle Group divest their stakes in Ampere.
Ampere's chips utilize a unique computing architecture from Arm Holdings, which is also owned by SoftBank. The deal aligns with SoftBank's strategy to enhance its portfolio of AI technology companies. Ampere aims to advance its roadmap for high-performance Arm processors under SoftBank's ownership.
• SoftBank's acquisition enhances its AI-focused chip technology portfolio.
• Ampere's chips are used in cloud computing infrastructure by major firms.
Artificial Intelligence refers to the simulation of human intelligence in machines, which is central to Ampere's focus.
A CPU, or central processing unit, is the primary component of a computer that performs most of the processing inside a computer, crucial for AI applications.
Custom computing cores are specialized processors designed for specific tasks, enhancing performance in AI applications.
SoftBank Group is a Japanese conglomerate that invests heavily in technology and AI, including owning Arm Holdings.
Ampere Computing develops AI-focused CPU chips, aiming to enhance data center performance and efficiency.
Oracle is a multinational computer technology corporation that utilizes Ampere's chips in its cloud computing infrastructure.
Carlyle Group is a global investment firm that has invested in Ampere Computing, contributing to its growth in AI technology.
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