SoftBank has injected $450 million into this British AI chip company

Why SoftBank Is Investing Heavily in AI Chipmaker Graphcore

SoftBank Group has injected more than $450 million into British AI chipmaker Graphcore as part of its expanding push into artificial intelligence infrastructure and hardware, according to reports. A Companies House filing showed Graphcore issued a single share valued at roughly $457 million in April. A company spokesperson confirmed the funding came from SoftBank. The report said the investment is only part of the funding Graphcore is expected t…

SoftBank injects $457M into British AI chip startup Graphcore amid aggressive AGI push - Tech Startups

SoftBank is pouring another massive sum into the AI race, this time betting big on a company many in the industry had already counted out. The Japanese investment giant has injected $457 million into British AI chip startup Graphcore, according […] The post SoftBank injects $457M into British AI chip startup Graphcore amid aggressive AGI push first appeared on Tech Startups.

SoftBank has injected $450 million into this British AI chip company

U.K.-based Graphcore is developing AI chips and systems and was acquired by the Japanese giant in 2024.