U.K. artificial intelligence chip startup Graphcore Ltd. is reportedly exploring a sale as it has struggled to compete with the likes of Nvidia Corp. in the booming AI chip market. The Telegraph ...
British investors are pessimistic about the prospects of Graphcore, once billed as a rival to Nvidia. The firm, which makes AI chips, reported surging losses, layoffs, and office closures. Industry ...
July 12, 2024 — Graphcore has confirmed that the Japan-based SoftBank investment firm has acquired the specialty AI chip company. Terms were not disclosed, but news reports estimate the acquisition at ...
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