SoftBank is acquiring Ampere Computing, a chip design startup, for $6.5 billion in cash. Ampere will remain a subsidiary and retain its name and headquarters in Santa Clara, California, with the deal anticipated to close in the second half of 2025. Masayoshi Son, CEO of SoftBank, noted that Ampere's semiconductor expertise will accelerate advancements in AI. Renee James, founder of Ampere, expressed enthusiasm about joining SoftBank and furthering their AmpereOne roadmap for high-performance processors and AI.