Former Intel president launches new chip company with backing from Carlyle Group
Ampere, a new chip company run by former Intel president Renee James, came out of stealth today with a brand-new highly efficient Arm-based server chip targeted at hyperscale data centers.
The company's first chip is a custom core Armv8-A 64-bit server operating at up to 3.3 GHz with 1TB of memory at a power envelope of 125 watts. Although James was not ready to share pricing, she promised that the chip would offer unsurpassed price/performance that would exceed any high performance computing chip out there.
The company has a couple of other products in the works as well, which it will unveil in the future
It takes a ton of money and some guts to launch a chip company, but James, who worked at Intel for 28 years, had the pedigree to pull in a highly experienced team of industry heavyweights to build the product. The company is being backed by The Carlyle Group, a private equity firm where James worked briefly after leaving Intel. She would not disclose the amount of funding, but did say her company was significantly well capitalized.