SoftBank Invests $6.5bn in AI Startup Ampere

SoftBank Group has made its largest investment ever in an artificial intelligence startup, securing a deal worth $6.5 billion for US-based firm Ampere Computing.

The investment is part of SoftBank’s efforts to expand its portfolio of AI-focused companies as it seeks to drive growth and innovation in the rapidly evolving technology sector.

Source: https://www.ft.com/content/235a02b0-bbb1-4f2e-a181-57a3907f36e3