SoftBank is buying Ampere in an all-cash transaction that values the Santa Clara, California-based firm at $6.5 billion, according to a joint statement Wednesday confirming an earlier report by ...

SoftBank Group Corp. has agreed to acquire semiconductor designer Ampere Computing LLC in a move that further broadens the Japanese investment firm’s push into artificial intelligence ...

The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence. By Don Clark Reporting from San Francisco SoftBank said on ...