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SoftBank buys UK chipmaker Graphcore in AI push

Deal will give Bristol-based company a resource boost while advancing the ‘next big bet’ of Masayoshi Son’s group
Graphcore’s founders Simon Knowles, left, and Nigel Toon, right, will stay on following SoftBank’s acquisition of the AI chipmaker

SoftBank has bought UK-based chipmaker Graphcore, as the Japanese tech group founded by Masayoshi Son accelerates its multibillion-dollar push into artificial intelligence.

Graphcore, an AI-focused start-up that was founded by UK semiconductor industry veterans in 2016, will sit alongside chip designer Arm in SoftBank’s portfolio, as Son readies his “next big bet” in the tech industry.

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