Softbank reported to be in talks to buy Graphcore

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.