#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 #
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 GC200 and M2000 IPU Machine–1 petaFLOP "pizza box" AI server
#HackerNews #Graphcore #AI #Server #petaFLOP #GC200 #M2000 #technology
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.
See here - https://techchilli.com/news/softbank-acquires-graphcore-amidst-ai-chip-industry-shakeup/
#SoftBank #Graphcore #AI #AIChips #TechInnovation #UKTech #Acquisition #Nvidia #Investment #TechIndustry #AItechnology #FutureTech #TechNews #DigitalTransformation
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.
SoftBank acquires British AI chipmaker Graphcore
https://www.computing.co.uk/news/4334709/softbank-acquires-british-ai-chipmaker-graphcore