Tech
FTC seeks more information about SoftBank’s Ampere deal: Report
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The US Federal Trade Commission is seeking more details about SoftBank Group Corp’s planned $6.5 billion purchase of semiconductor designer Ampere Computing, Bloomberg News reported on Tuesday.
The inquiry, known formally as a second request for information, suggests the acquisition may undergo an extended government review, the report said.
SoftBank announced the purchase of the startup in March, part of its efforts to ramp up its investments in artificial intelligence infrastructure.
The report did not state the reasoning for the FTC request.
SoftBank,…
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