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kastkingsharky3spinningreel| Softbank is reported to be in talks to acquire British artificial intelligence chip company Graphcore

Food 2024年05月08日 19:02 8 editor

according to informed sourceskastkingsharky3spinningreelSoftBank Group is in talks to acquire British semiconductor startup Graphcore, which was once valued at US$2.8 billion.

People familiar with the matter said the two companies have been in discussions for several months, but have only recently progressed to a more in-depth negotiation stage of the deal. People familiar with the matter said financial terms have not yet been finalized and the negotiations may still break down. A person familiar with the matter said a final agreement will not be reached anytime soon.

kastkingsharky3spinningreel| Softbank is reported to be in talks to acquire British artificial intelligence chip company Graphcore

At the same time, SoftBank sales surged, thanks in large part to its majority stake in Arm Holdings, another British chip design company. On February 7, Arm released a report saying that its prospects for expanding into more artificial intelligence applications beyond smartphones are very optimistic. Arm's share price has surged about 40% since then.

Softbank did not immediately respond to a request for comment. A representative for Graphcore declined to comment.

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