SoftBank Group announced the acquisition of startup Ampere Computing, known for its Arm-based server chip, for $6.5 billion, with the deal expected to close in the second half of 2025. Carlyle Group and Oracle will sell their stakes in Ampere, which will operate as an independent subsidiary based in Santa Clara, California. SoftBank aims to leverage Ampere’s semiconductor expertise to advance AI innovation in the United States, building on its investments in AI infrastructure and partnerships with companies like OpenAI and involvement in President Trump’s private AI investment project Stargate.
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Cafe owner in Canada praises Aussie PM for helping in Vegemite row
An Australian cafe owner in Canada, Leighton Walters, received support from Prime Minister Anthony Albanese after the Canadian Food Inspection Agency (CFIA) ordered him to remove Vegemite from his shelves due to local standards. Following Walters' social media plea, CFIA reversed its decision, allowing Vegemite sales, while Albanese criticized the agency for permitting Marmite instead. Walters expressed gratitude for Albanese's intervention, highlighting the cultural significance of Vegemite and the support from fellow Australians amid his...
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