SoftBank Strengthens Tech Portfolio with Acquisition of Graphcore

Friday, 12 July 2024, 11:09

SoftBank, a Japanese tech group, recently acquired Graphcore, a British AI chip developer. Graphcore, based in Bristol, faced uncertainty but is now under SoftBank's umbrella. The acquisition signifies SoftBank's strategic move to bolster its technological advancements and offerings in the AI chip market.
Thenextweb
SoftBank Strengthens Tech Portfolio with Acquisition of Graphcore

SoftBank's Expansion in AI Technology

SoftBank, a prominent Japanese tech group, has expanded its portfolio by acquiring Graphcore, a British AI chip developer based in Bristol.

Rescue of a Troubled Player

  • Graphcore, once facing survival challenges, is now part of SoftBank's innovative ventures.
  • The acquisition highlights SoftBank's commitment to bolstering its leadership in the AI chip sector.

Conclusion: SoftBank's acquisition of Graphcore showcases a strategic move to enhance its technological capabilities in the ever-evolving AI chip market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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