SoftBank looking to buy UK AI chip designer Graphcore, report

Once seen as a viable competitor to Nvidia, Graphcore’s business has suffered in recent years

clock • 2 min read
SoftBank looking to buy UK AI chip designer Graphcore
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SoftBank looking to buy UK AI chip designer Graphcore

Japanese investment giant SoftBank Group is reportedly in advanced talks to acquire Graphcore, a British AI chip designer that has struggled to gain traction in recent years.

Citing anonymous sources, Bloomberg reported on Wednesday that discussions elevated recently about a potential deal after the two parties began initial conversations several months ago. The report ...

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