The Obsidian
Technology

SoftBank's $457 Million Doubles Down on Graphcore

SoftBank has injected nearly half a billion dollars into Graphcore, the Bristol-based AI chipmaker it acquired in 2024. The investment binds the British company more tightly to SoftBank's AGI thesis.

The Obsidian Desk

Graphcore confirmed to CNBC that SoftBank has invested $457 million into the company since the 2024 acquisition. The capital, sources say, is being directed toward a new generation of intelligence-processing units and toward integration with SoftBank's broader AI infrastructure programme.

The investment formalises something that had been implicit since the deal closed: SoftBank views Graphcore not as a portfolio bet but as a strategic input to its work on artificial general intelligence.

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