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SoftBank acquires UK chip startup Graphcore · Endata

◂ Announcements

Jul 12, 2024ACQUISITIONBristol, United Kingdom

SoftBank acquires UK chip startup Graphcore

SoftBank Group has acquired British semiconductor startup Graphcore. The deal was announced on July 12, 2024, without disclosing financial terms. Graphcore will operate as a SoftBank subsidiary.

Status

Completed

Productssemiconductor chipsAI processors

CompaniesSoftBank Group acquirer Graphcore target

Sectors#Semiconductors and Industrial Electronics

“SoftBank Group has acquired British semiconductor startup Graphcore, as the Japanese firm seeks to strengthen its investments in chips and artificial intelligence.”japantimes.co.jp

3 sources
japantimes.co.jpSoftBank buys struggling U.K. chip startup Graphcore in AI race - The Japan TimesMark BergenJul 12, 2024
tech.euSoftBank acquires AI processor manufacturer Graphcore - Tech.euCate LawrenceJul 12, 2024
eenewseurope.comSoftbank confirms Graphcore buy ...Nick FlahertyJul 12, 2024

Summarized from public sources; check the original articles before acting on it.

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