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SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

09 May 2024 • 2 min read

SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Japanese investment giant SoftBank Group is reportedly in advanced talks to acquire Graphcore, a British AI chip designer that has struggled to gain traction in recent years. Citing anonymous so...

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