Telco Insights: Softbank Acquires AI Specialist, Graphcore to Capitalise on Growth of General AI

July 2024
Telecoms & Connectivity

In July 2024, Softbank Group announced the acquisition of Graphcore, a UK-based AI specialist company. The acquisition's financial terms are undisclosed, and Graphcore will continue to operate as a wholly owned subsidiary of Softbank. Graphcore specialises in developing advanced hardware and software solutions for AI and ML (machine learning).

Table 1: Graphcore Key Funding Rounds (October 2016–present)

Premium content is complimentary to all clients with an account

Clients can access all Insights documents once signed into their Juniper Research account. Talk to our sales team about becoming a subscriber.

Latest research, whitepapers & press releases