SoftBank Group Expands AI Portfolio with Acquisition of Graphcore
Friday, 12 July 2024, 08:30
SoftBank Group Acquires Graphcore:
SoftBank Group, a major player in investment, has acquired UK-based AI chip company Graphcore in a strategic move.
Expanding AI Portfolio:
This acquisition underscores SoftBank's dedication to diversifying and expanding its AI offerings and capabilities.
- Deal Value: The financial details of the acquisition have not been disclosed, keeping the transaction confidential.
- Innovation Focus: Graphcore's cutting-edge technology and innovative solutions are set to bolster SoftBank's AI initiatives.
With this latest development, SoftBank demonstrates its strategic vision and forward-thinking approach in the AI sector.
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.