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Maroc Maroc - WN.COM - Americas - Hier 11:14

SoftBank accelerates AI chip push as FTC clears Ampere takeover

The US Federal Trade Commission has ended its review of SoftBank’s planned acquisition of Ampere Computing, removing the final procedural hurdle for a major expansion of SoftBank’s artificial intelligence chip portfolio. The agency had issued an early termination notice on its website, confirming that the review has been closed ahead of schedule. This brings the all-cash agreement announced in March closer to completion and gives SoftBank freedom to move forward with a deal valued at $6.5 billion. The acquisition now aligns with the company’s wider ambition to build a stronger position in the global AI...

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