SoftBank acquires struggling UK-based chipmaker Graphcore with US and UK approvals; sources: the deal is valued at $600M+ but below Graphcore's ~$700M funding
Deal will give Bristol-based company a resource boost while advancing the ‘next big bet’ of Masayoshi Son's group
Financial Times
Related Coverage
- Graphcore joins SoftBank Group to build next generation of AI compute Graphcore · Nigel Toon
- View article CRN
- View article Tom's Hardware
- View article DatacenterDynamics
- Graphcore employees have share value wiped as sale to SoftBank agreed Sifted · Kai Nicol-Schwarz
- View article Total Telecom
- View article TelecomTV
- SoftBank buys struggling UK AI chipmaker Graphcore The Register · Simon Sharwood
- SoftBank acquires UK chipmaker Graphcore as it pushes into AI Semafor · Marta Biino
- Also in today's EMEA regional roundup: X in trouble for blue-tick mayhem, lack of transparency; G.Network exploring possible sale, says report; SoftBank buys Graphcore. Light Reading · Paul Rainford
- SoftBank snaps up troubled British AI chip developer Graphcore TNW · Linnea Ahlgren
- SoftBank acquires British AI chipmaker Graphcore AI News · Ryan Daws
- Bristol AI chip firm Graphcore acquired by Japan's SoftBank UKTN · Oscar Hornstein
- SoftBank acquires UK-based AI unicorn Graphcore Tech Funding News · Abhinaya Prabhu
- SoftBank Group Acquires Graphcore FinSMEs
- British chipmaker Graphcore bought by Japan's SoftBank Yahoo Finance
- Beleaguered AI chip firm Graphcore acquired by SoftBank ITPro · Emma Woollacott
- View article Proactive
- Graphcore acquired by Softbank Tech Monitor · Greg Noone
- Softbank gives UK AI chip maker Graphcore a soft landing The Stack · Joe Fay
- SoftBank acquires UK chipmaker Graphcore to focus on AI Silicon Republic · Leigh Mc Gowran
- After Losing $150B Nvidia Opportunity, Masayoshi Son's SoftBank Acquires UK Chipmaker Graphcore In Major AI Push Benzinga
- SoftBank acquires AI processor manufacturer Graphcore Tech.eu · Cate Lawrence
- SoftBank acquires UK AI chipmaker Graphcore TechCrunch · Paul Sawers
- SoftBank buys Graphcore, the British chipmaking startup, to fuel its AI ambitions SiliconANGLE · Mike Wheatley
- SoftBank Group Buys British AI Chip Company Graphcore Wall Street Journal · Kosaku Narioka
- Pioneering British AI chip designer bought by Japanese firm BBC · Tom Gerken
- Graphcore acquired by SoftBank after months of speculation Sifted · Kai Nicol-Schwarz
- Japan's SoftBank acquires British AI chipmaker Graphcore Reuters · Martin Coulter
- SoftBank Buys Troubled UK Chip Startup Graphcore in AI Race Bloomberg · Mark Bergen
- SoftBank to acquire British AI chip designer Graphcore for US $500 million DigiTimes
- Graphcore boss rips into risk-averse UK pension funds Proactive
- Tech boss attacks British pension funds as his company is sold to Japan Telegraph · James Titcomb
Discussion
-
@anshelsag
Anshel Sag
on x
Not surprising, Softbank probably overpaid too.
-
@anshelsag
Anshel Sag
on x
I'm genuinely surprised that Softbank never invested in Graphcore, but BOY did a lot of companies. $688M was invested in total at a max $2.2B valuation. I don't think it even sold for $500M TBH.