SoftBank invests nearly $500M in British chip company

12/05/2026 Argaam
Logo ofSoftBank Group

Logo of SoftBank Group

SoftBank Group invested nearly $500 million in its semiconductor subsidiary, in a new move under its broader strategy to focus on artificial intelligence (AI) infrastructure and hardware.

 

Graphcore, which develops AI chips and systems, issued a single share worth $457 million on April 10, according to filings with the UK’s Companies House.

 

A spokesperson for Graphcore confirmed to CNBC today, May 12, that the funding was provided by SoftBank, which acquired the company in 2024.

 

At the time of the acquisition, SoftBank said that the UK-based Graphcore would collaborate with it on the development of artificial general intelligence (AGI), a technology capable of matching or surpassing human intelligence.

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