SoftBank Group invests additional $457 million in British AI chip startup Graphcore, marking continued expansion of AI infrastructure investments including participation in $500 billion Stargate project and plans for independent AI-robotics company listing in US
#YonhapInfomax #SoftBank #Graphcore #AIInfrastructure #StargateProject #ArtificialGeneralIntelligence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120253

US Top News and Analysis | SoftBank has injected $450 million into this British AI chip company

AI generated summary, Read the full article for complete information.

SoftBank has injected more than $450 million into British AI‑chip maker Graphcore, which it acquired in 2024, to fund the development of artificial general intelligence (AGI) and bolster SoftBank’s broader AI‑infrastructure strategy. According to a Companies House filing, Graphcore issued a single share valued at $457 million on April 10, confirming the financing came directly from SoftBank. The infusion is part of a “portion” of the capital Graphcore expects from SoftBank this year and follows SoftBank’s heavy AI spending, including stakes in OpenAI and involvement in the $500 billion Stargate project. SoftBank aims to expand its AI footprint further, planning a standalone AI and robotics company in the U.S. and exploring a large AI data‑center project in France, while Graphcore is also investing up to £1 billion to open a new AI campus in Bengaluru, India.

Read more: https://www.cnbc.com/2026/05/12/softbank-graphcore-ai-chip-investment.html

#SoftBank #Graphcore #CNBC #CompaniesHouse #OpenAI #Oracle #Nvidia #Stargate #Bengaluru #

https://www.walknews.com/1082892/ ソフトバンク傘下のGraphcoreが、インドに10億ドル投資を発表 | Data Center Café #graphcore #India #インド #ソフトバンク #ベンガルール #投資
🤖🍕 #Graphcore just dropped a "1 petaFLOP pizza box" server because apparently, #AI needs its own novelty kitchen appliance. Meanwhile, they’re busy stuffing buzzwords into their "IPU Technology" like a Thanksgiving turkey, hoping no one notices it's just another silicon slab. 🍗🔍
https://www.graphcore.ai/articles/graphcore-unveils-new-gc200-chip-and-the-expandable-m2000-ipu-machine-that-runs-on-them #Technology #PizzaBox #SiliconSlab #NoveltyAppliance #HackerNews #ngated
Graphcore unveils New GC200 Chip and the Expandable M2000 IPU Machine that runs on them

TechCrunch reports on Graphcore's new chip, the GC200, and a new IPU Machine that runs on it, the M2000, which Graphcore says is the first AI computer to achieve a petaflop of processing power “in the size of a pizza box.”

Graphcore unveils New GC200 Chip and the Expandable M2000 IPU Machine that runs on them

TechCrunch reports on Graphcore's new chip, the GC200, and a new IPU Machine that runs on it, the M2000, which Graphcore says is the first AI computer to achieve a petaflop of processing power “in the size of a pizza box.”

SoftBank Acquires Graphcore Amidst AI Chip Industry Shakeup

SoftBank has acquired British AI chipmaker Graphcore, a former competitor to Nvidia, for an undisclosed amount. This acquisition raises questions about the UK’s ability to foster competitive AI tech firms. Despite past financial challenges, Graphcore’s future looks promising under SoftBank's investment, signaling a positive shift for UK tech innovation.

Tech Chill
SoftBank acquires British AI chipmaker Graphcore

Japanese tech giant SoftBank Group has acquired Graphcore, a British AI chip developer, in a move designed to accelerate SoftBank's dominance in the booming AI industry.

SoftBank acquires British AI chipmaker Graphcore

SoftBank has announced its acquisition of Graphcore, a leading British AI chipmaker.

AI News
SoftBank Group has acquired British semiconductor startup Graphcore to boost its chip and AI investments. https://www.japantimes.co.jp/business/2024/07/12/companies/softbank-buys-graphcore/ #business #companies #softbank #graphcore #uk #chipmakers #ai #investments
SoftBank buys struggling U.K. chip startup Graphcore in AI race

The deal marks Softbank's second acquisition of a U.K. semiconductor firm, following its 2016 purchase of Cambridge-based Arm Holdings.

The Japan Times
SoftBank Group is reportedly in talks to acquire Graphcore, a struggling British semiconductor startup once valued $2.8 billion (¥435.9 billion), according to people familiar with the matter. https://www.japantimes.co.jp/business/2024/05/09/companies/softbank-graphcore-acquisition/ #business #companies #softbank #graphcore #investments #acquisitions #ai #startups #chipmakers
SoftBank said to be in talks to buy troubled AI chip firm Graphcore

Graphcore reported just $2.7 million in revenue for 2022, a 46% drop from the prior year, according to its latest financial report.

The Japan Times