Sunday, April 27, 2025

Creating liberating content

JAMMU: A second year MBBS student died by suicide in

SHAHJAHANPUR: Uttar Pradesh chief minister Yogi Adityanath on Sunday inspected

Royal Challengers Bengaluru’s Krunal Pandya celebrates his half century with

Related News

JAMMU: A second year MBBS student died by suicide in his hostel room at Govt Medical College in Jammu Sunday. The boy belonged to Mendhar in Jammu and Kashmir’s Poonch

SHAHJAHANPUR: Uttar Pradesh chief minister Yogi Adityanath on Sunday inspected the Ganga Expressway stating that the entire project will be completed by November this year.The ambitious infrastructure project aims to

Royal Challengers Bengaluru’s Krunal Pandya celebrates his half century with Virat Kohli. (PTI Photo) Royal Challengers Bengaluru (RCB) soared to the top of the Indian Premier League (IPL) 2025 points

The upcoming week will be a key test for the US stock market’s rebound, as investors watch major earnings reports from Apple and Microsoft, while global trade developments could add

Liverpool players celebrate their win. (Pic credit: LFC) Liverpool were crowned champions of England for a record-equalling 20th time on Sunday after crushing Tottenham Hotspur 5-1 at Anfield in front

YAMUNANAGAR: The crime investigation agency (CIA)-II of Yamunanagar Police successfully arrested two accused robbers after an encounter near Shahpur village of the district on Sunday. The encounter took place while

Trending News

In an effort to stimulate domestic consumption amid ongoing trade tensions with the United States, China has lowered the minimum purchase amount required for foreign tourists to qualify for tax

Hindustan Zinc Ltd (HZL), a Vedanta Group company, is set to foray into potash mining and is targeting a block in Rajasthan that has a strong possibility of containing lithium

TikTok, the popular Chinese social media platform, is gearing up to enter Japan’s online shopping market in the coming months, according to a report by Nikkei on Sunday. The company

NEW DELHI: Mahindra & Mahindra Ltd on Saturday said it has entered into an agreement to acquire almost 59% stake in heavy-vehicle maker SML Isuzu (SML) at Rs 650 per

Foreign investors have pulled an estimated $63 billion from US equities since the beginning of March, according to Goldman Sachs strategists, who warn that the trend could pose risks to

Union Minister Ashwini Vaishnaw Electronics component manufacturers will need to establish in-house design teams and achieve Six Sigma quality standards to benefit from the government’s Electronics Components Manufacturing Scheme (ECMS),

SoftBank to acquire chip designer Ampere in $6.5 billion deal

Word Count: 234 | Estimated Reading Time: 2 minutes


The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. 

Kazuhiro Nogi | Afp | Getty Images

SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. The company expects the deal to close in the second half of 2025, according to a statement.

Carlyle Group and Oracle both have committed to selling their stakes in Ampere, SoftBank said.

Ampere will operate as an independent subsidiary and will keep its headquarters in Santa Clara, California, the statement said.

“Ampere’s expertise in semiconductors and high-performance computing will help accelerate this vision, and deepens our commitment to AI innovation in the United States,” SoftBank Group Chairman and CEO Masayoshi Son was quoted as saying in the statement.

The startup has 1,000 semiconductor engineers, SoftBank said in a separate statement.

Chips that use Arm’s instruction set represent an alternative to chips based on the x86 architecture, which Intel and AMD sell. Arm-based chips often consume less energy. Ampere’s founder and CEO, Renee James, established the startup in 2017 after 28 years at Intel, where she rose to the position of president.

Leading cloud infrastructure provider Amazon Web Services offers Graviton Arm chip for rent that have become popular among large customers. In October, Microsoft started selling access to its own Cobalt 100 Arm-based cloud computing instances.

This is breaking news. Please refresh for updates.



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account