About Graphcore
Graphcore develops a microprocessor designed for AI and machine learning applications.
Headquarters
Graphcore, Bristol
Founded
2016-01-01
Industry
Artificial Intelligence (AI), Machine Learning, Semiconductor
Last Funding Type
Private Equity
Valuation
8
Total Funding
$682.00 million dollars
IPO Status
Private
Financial
Japan's SoftBank Group has acquired UK-based AI chipmaker Graphcore. The acquisition, which has been speculated for months, aims to bolster SoftBank's position in the AI sector. The terms of the deal were not disclosed, but it marks a significant move for SoftBank as it continues to expand its investments in artificial intelligence technology.
Funding Rounds
7
Number of Lead Investors
9
Total Funding Amount
$682.00 million dollars
Number of Investors
32