pennpursuit3| Softbank is reported to be in talks to acquire British artificial intelligence chip company Graphcore

2024-05-08

informed sourcespennpursuit3SoftBank Group is in talks to acquire British artificial intelligence chip startup Graphcore Ltdpennpursuit3.pennpursuit3The latter's valuation once reached US$2.8 billion. The above-mentioned person said the two companies have been in discussions for several months, but have only recently progressed to a more in-depth transaction negotiation stage. Financial terms have not yet been finalized and negotiations may still break down. (Bloomberg)

pennpursuit3| Softbank is reported to be in talks to acquire British artificial intelligence chip company Graphcore