Japanese tech group SoftBank has acquired yet another British chip player.
Intelligence processing units
Graphcore builds intelligence processing units, or IPUs.
The company has designed the processors from the get-go to optimise machine learning and AI workloads.
They have a massively parallel architecture which significantly enhances AI performance compared to CPUs and even GPUs.
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So at first glance, it would seem SoftBank has made a good deal.
However, Graphcore has thus far failed to capitalise on the AI frenzy of the past couple of years.
Hit or miss?
SoftBank has previously said it is ready to pour close to $9bn per year into AI investments.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
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