SoftBank Acquires Ampere Computing for $6.5 Billion

Tech giant SoftBank has acquired Ampere Computing, a leading chip designer based in California, for $6.5 billion, marking a significant investment in artificial intelligence (AI) and computing capabilities. This strategic move is expected to strengthen SoftBank’s AI initiatives, potentially impacting cloud platforms and future blockchain technology. Though not directly affecting cryptocurrencies like Ethereum or Bitcoin, the acquisition could accelerate the development of AI-powered blockchains on cloud systems. The deal aims to finalize in late 2025 after regulatory approvals.