In the event that you need more evidence that companies participating in the manufacture of artificial intelligence chips are looking to give themselves any feature they can, Softbank adds to their institutional experience by purchasing the previous Intel Renee James’ Ampre. The group pays 6.5 billion dollars in cash for chip design work.
Ampere, who founded James in 2018, focused on the original cloud computing at first. There are no prizes to guess the field that the company has moved since: "Sustainable artificial intelligence account," according to .
Softbank is betting that Aprre will enhance and develop ARM research. It was reported last month that the ARM, which Softbank possesses, is also, it is .
"Since the SoftBank Group expands the Intelligence Intelligence and Stargate Group, the acquisition will help enhance the capabilities of the Softbank Group in the main fields and accelerate its growth initiatives," The company said in a statement. Ampere was appointed to keep its name and operate as a fully owned by a subsidiary after the deal was closed, which is expected to occur later this year pending organizational approval and other closing conditions.
"Through a common vision of the progress of artificial intelligence, we are excited to join the Softbank collection and partnership with its portfolio of leading technology companies," James, the CEO of Amir, said in a statement. "This is a great result for our team, we are excited to move forward Ampreone road map for high performance arm processors and AI."
This article originally appeared on Engadget on https://www.engadget.com/big-tech/softbank-is-buying-ex-intel-pres NNEE-
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