# 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.

- Type: Acquisition
- Announced: 2024-07-12
- Where: Bristol, United Kingdom
- Status: completed
- Products: semiconductor chips, AI processors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SoftBank Group](https://endata.com/companies/15862.md) (acquirer)
- [Graphcore](https://endata.com/companies/78571.md) (target)

## Sources

- [japantimes.co.jp](https://www.japantimes.co.jp/business/2024/07/12/companies/softbank-buys-graphcore/), 2024-07-12: "SoftBank Group has acquired British semiconductor startup Graphcore, as the Japanese firm seeks to strengthen its investments in chips and artificial intelligence."
- [tech.eu](https://tech.eu/2024/07/12/softbank-acquires-ai-processor-manufacturer-graphcore/), 2024-07-12: "SoftBank has acquired semiconductor manufacturer Graphcore."
- [eenewseurope.com](https://www.eenewseurope.com/en/softbank-confirms-graphcore-buy/), 2024-07-12: "This is a tremendous endorsement of our team and their ability to build truly transformative AI technologies at scale, as well as a great outcome for our company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.