2025-03-20
SoftBank is buying ex-Intel president Renee James' chip design company for $6.5 billion
In case you need further evidence that companies involved in AI chip manufacturing are looking to give themselves whatever edge they can, SoftBank is adding to its institutional expertise by buying former Intel president Renee James’ Ampere Computing. The conglomerate is paying $6.5 billion in cash for the chip design business.
Ampere, which James founded in 2018, focused on cloud-native computing at first. No prizes for guessing which area the company has moved into since then: "sustainable AI compute," according to a press release.
SoftBank is betting that Ampere will bolster Arm’s research and development. It was reported [...]
Rating
Innovation
Pricing
Technology
Usability
We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.
2025-07-02
SoftBank's acquisition of AI chip designer Ampere may be facing an FTC probe
SoftBank's $6.5 billion acquisition of AI-chip designer Ampere is facing an in-depth US government probe that may delay the deal, according to Bloomberg. The Federal Trade Commission (FTC) has op [...]
2025-08-22
The US government is taking an $8.9 billion stake in Intel
President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]
2025-08-22
The US government is taking a 10 percent stake in Intel
President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]
2025-08-30
The US government drops its CHIPS Act requirements for Intel
Intel no longer has to fulfill certain requirements or meet milestones that it was originally supposed to under the CHIPS Act, now that the government is taking a stake in the company. According to th [...]
2025-02-28
Intel once again delays its long-awaited Ohio chip fabrication facilities
Intel announced that it's further delaying plans to open two chip fabrication facilities in Ohio, pushing their completion out to 2030. The company originally announced its plans for Ohio in 2022 [...]
2025-07-25
LeBron James is reportedly trying to stop the spread of viral AI 'pregnancy' videos
It seems like LeBron James' legal team has been trying to stop the spread of viral AI videos featuring the basketball star. As 404 Media reported, a law firm representing James has sent a cease a [...]
2025-01-22
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company c [...]
2025-08-05
Intel's next-gen manufacturing process is reportedly still struggling
Intel is reportedly still struggling with a chipmaking process crucial to its future. Reuters reports that the company's 18A process is still producing low yields and high defect rates. Intel has [...]