Softbank reported to be in talks to buy Graphcore

May. 09, 2024 –

By David Manners, ElectronicsWeekly (May 8, 2024)

Graphcore, the Bristol IPU developer, is said to be in talks with Softbank about a sale of a company for around $500 million, reports Bloomberg.

Graphcore raised over $700 million venture capital, and was valued, at its peak, at $2.8 billion.

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