Oracle has revealed it has provided $40m in funding for cloud service microprocessor startup Ampere Computing, taking a board seat in the process.

Cloud and enterprise software developer Oracle has disclosed a $40m investment in US-based cloud server microprocessor developer Ampere Computing in a regulatory filing. Ampere produces 64-bit microprocessors with energy-efficient architectures that are designed to run applications on cloud and edge-based computing systems, especially memory-intensive tasks involving technologies like artificial intelligence, big data and machine learning.…

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