Why did ampere start?

Ampere was started to address this specific market. The company designs chips based on an architecture licensed from ARM Holdings (the company Nvidia ( NVDA 2.57%) was attempting to acquire last year) -- specifically, processors that are "cloud-native."

What's new at Ampere Computing?

SANTA CLARA, Calif., May 16, 2024 /PRNewswire/ -- Ampere Computing® today released its annual update on upcoming products and milestones, highlighting the company's continued innovation and invention around sustainable, power efficient computing for the Cloud and AI.

How much money has ampere raised?

But here's what we do know: In its short history, Ampere has raised some $426 million in investment funding, most of it from Oracle. ARM Holdings also invested during a venture capital raise led by private equity firm The Carlyle Group a few years ago. Founder and CEO James has an impressive resume.