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SoftBank expands AI portfolio with $6.5bn Ampere deal

Japanese tech group acquires US chip start-up specialising in data centre servers for artificial intelligence applications

SoftBank has agreed to acquire chip start-up Ampere Computing for $6.5bn as the Japanese tech group’s founder Masayoshi Son expands his ambitions in artificial intelligence.

The deal is the latest big move by Son, who has said SoftBank will build a vast infrastructure for AI that includes chip design, production, energy, robotics and data centres.

Ampere makes processors for cloud computing and data centre applications based on technology from UK chip designer Arm, which is majority-owned by SoftBank.

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