SoftBank has funnelled $457 million into AI chip company Graphcore, which it acquired in 2024, Graphcore confirmed to CNBC.

Softbank (SFTBY) has injected more than $450M into a chip company, CNBC has learned, as the Japanese investment giant looks ...

There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges -- whether it's medical breakthroughs, building better ...

British investors are pessimistic about the prospects of Graphcore, once billed as a rival to Nvidia. The firm, which makes AI chips, reported surging losses, layoffs, and office closures. Industry ...

Major AI hardware bet: SoftBank injected over $450M into Graphcore to strengthen its AI chip development and infrastructure ambitions. Strategic expansion: The investment supports Graphcore's AI chip ...

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s ...

Japanese tech group SoftBank has acquired yet another British chip player. This time it has snapped up Bristol-based AI processor developer Graphcore, whose very survival was in doubt over the past ...

Nvidia's artificial intelligence chipmaking rival Graphcore has reportedly been acquired by Japanese giant Softbank for an undisclosed amount. Sources imply that Graphcore was bought for considerably ...

U.K. artificial intelligence chip startup Graphcore Ltd. is reportedly exploring a sale as it has struggled to compete with the likes of Nvidia Corp. in the booming AI chip market. The Telegraph ...

AI chip startup Graphcore wants to rival market leader Nvidia as the market booms. But the company reported a slowdown in sales of its AI hardware, hurting its bottom line in 2022. The startup said it ...