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Oracle Owns Nearly a Third of Arm Chip House Ampere, Could Take Control In 2027
The Register's Tobias Mann reports: Oracle could choose to take control of Ampere Computing, the Arm processor designer it has backed and uses in its cloud. A proxy statement [PDF] filed on Wednesday reveals that Oracle held 29 percent stake in Ampere as of May 31, 2024, and has the option to gain ...
The Register's Tobias Mann reports: Oracle could choose to take control of Ampere Computing, the Arm processor designer it has backed and uses in its cloud. A proxy statement[PDF] filed on Wednesday reveals that Oracle held 29 percent stake in Ampere as of May 31, 2024, and has the option to gain majority control over the chip house in 2027. These efforts have included the deployment of massive clusters of GPUs from Nvidia and AMD with the largest campus developments nearing a gigawatt in scale.
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