SoftBank has invested over $450 million into chipmaker Graphcore, as part of its ongoing focus on AI infrastructure and hardware.
Graphcore, which develops AI chips and systems and was acquired by SoftBank in 2024, issued a share valued at $457 million on April 10, The company confirmed that the funds came from SoftBank.
At the time of the acquisition, SoftBank stated that Graphcore would collaborate with the firm on developing artificial general intelligence (AGI)—AI that can match or surpass human intelligence.
Source (CNBC)
