SoftBank buys struggling UK chip start-up Graphcore in AI race
SoftBank Group has acquired British semiconductor start-up Graphcore, as the Japanese firm seeks to strengthen its investments in chips and artificial intelligence. The companies announced the deal on Friday without disclosing financial terms. Bristol-based Graphcore will operate as a SoftBank subsidiary and keep its management team, Nigel Toon, Graphcore’s chief executive officer, told reporters in … Read more
