SoftBank has funnelled $457 million into AI chip company Graphcore, which it acquired in 2024, Graphcore confirmed to CNBC.

Graphcore raises $450M from SoftBank to expand AI chip development and strengthen its position in the AI hardware market.

Softbank (SFTBY) has injected more than $450M into a chip company, CNBC has learned, as the Japanese investment giant looks ...

Bristol-headquartered Graphcore, a startup developing chips and systems to accelerate AI workloads, appears to be taking on category-leader Nvidia with significant improvements in performance and ...

Is AI chipmaker Graphcore out to eat Nvidia's lunch? Co-founder and CEO Nigel Toon laughs at that interview opener -- perhaps because he sold his previous company to the chipmaker back in 2011. "I'm ...

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Shortly after Google parent Alphabet reportedly abandoned its ambitions to purchase online marketing software company HubSpot, the tech giant decided to pursue another big acquisition. This time, ...

AI chip startup Graphcore wants to rival market leader Nvidia as the market booms. But the company reported a slowdown in sales of its AI hardware, hurting its bottom line in 2022. The startup said it ...