SoftBank has announced plans to acquire the chip startup Ampere for $6.5 billion in an all-cash deal that “broadens its AI infrastructure investments.” For the last eight years, Ampere has been designing high-performance processors tailored for cloud computing, AI workloads, and data centres.

Softbank is buying a company facing increasingly intense competition with its planned $6.5 billion cash purchase of Ampere Computing, a start-up maker of data-center chips. Ampere’s main investors, Carlyle and Oracle,

SoftBank confirms $6.5 billion deal to acquire Arm-based chipmaker Ampere The deal could align Ampere with Arm and previously acquired Graphcore The acquisition could put Arm in direct competition with its chip partners We previously reported that Arm is considering making its own silicon,