{"id":666465,"date":"2026-05-12T17:42:13","date_gmt":"2026-05-12T17:42:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/666465\/"},"modified":"2026-05-12T17:42:13","modified_gmt":"2026-05-12T17:42:13","slug":"softbank-invests-457m-in-graphcore-ai-chips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/666465\/","title":{"rendered":"SoftBank invests $457M in Graphcore AI chips"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/quotes\/9984.T-JP\/\" rel=\"nofollow noopener\" target=\"_blank\">Softbank<\/a> has injected more than $450 million into a chip company, CNBC has learned, as the Japanese investment giant looks to continue its major play in AI infrastructure and hardware.<\/p>\n<p>Graphcore, which is developing AI chips and systems and was acquired by the Japanese giant in 2024, issued a single share at the value of $457 million on April 10, according to a Companies House filing. A Graphcore spokesperson confirmed to CNBC that the money was funding from SoftBank. SoftBank has been approached for comment.<\/p>\n<p>At the time of the acquisition, SoftBank said U.K.-based Graphcore would collaborate with the company on developing artificial general intelligence (AGI) \u2014 when AI matches or surpasses human intelligence.<\/p>\n<p>The fresh funds would be a &#8220;portion&#8221; of the money Graphcore is expecting from SoftBank this year, a person familiar with arrangements between the companies told CNBC, who asked to remain anonymous as they were not authorized to discuss private details.<\/p>\n<p>AI has been a huge area of investment for SoftBank in recent years, as it funneled tens of billions of dollars into the sector, including a <a href=\"https:\/\/www.cnbc.com\/2025\/12\/30\/softbank-openai-investment.html\" rel=\"nofollow noopener\" target=\"_blank\">big stake in OpenAI<\/a> and infrastructure commitments. <\/p>\n<p>Once touted as a rival to <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>, Graphcore <a href=\"https:\/\/www.cnbc.com\/2020\/12\/29\/graphcore-raises-222-million-to-take-on-nvidia-with-ai-chips.html\" rel=\"nofollow noopener\" target=\"_blank\">raised hundreds of millions<\/a> of dollars but struggled to gain commercial traction before it was acquired by SoftBank.<\/p>\n<p>Since SoftBank acquired Graphcore, it has announced several AI infrastructure investments, including its involvement in the $500 billion Stargate project, in partnership with OpenAI and Oracle. <\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/108264877-1770893920452-1770892630-43984703255-hd.jpg\" alt=\"SoftBank books $4.2 billion gain on OpenAI investment\"\/><\/p>\n<p>SoftBank is planning to create and list a standalone AI and robotics company in the U.S. as early as this year, the Financial Times <a href=\"https:\/\/www.cnbc.com\/2026\/04\/30\/softbank-roze-ai-robotics-ipo-100-billion-ft-report.html\" rel=\"nofollow noopener\" target=\"_blank\">reported<\/a> in April. The company is also discussing a large French AI data center project in France, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-11\/softbank-s-son-in-talks-for-major-data-center-project-in-france\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> on Monday.<\/p>\n<p>Masayoshi Son, SoftBank founder and CEO, previously <a href=\"https:\/\/group.softbank\/en\/ir\/financials\/annual_reports\/2025\/message\/son\" target=\"_blank\" rel=\"nofollow noopener\">described<\/a> Graphcore as &#8220;a company with deep expertise in chip design, which further builds on Arm&#8217;s leadership in semiconductor IP.&#8221;<\/p>\n<p>In 2016, SoftBank also acquired a majority stake in <a href=\"https:\/\/www.cnbc.com\/quotes\/ARM\/\" rel=\"nofollow noopener\" target=\"_blank\">Arm<\/a>, which then listed on the Nasdaq in 2023. SoftBank also acquired silicon design company Ampere Computing in 2025.<\/p>\n<p>In October, Graphcore announced it would invest up to \u00a31 billion into opening a new AI campus in Bengaluru, India. It&#8217;s hiring for hundreds of roles across AI, silicon, software and systems engineering, according to its website.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Softbank has injected more than $450 million into a chip company, CNBC has learned, as the Japanese investment&hellip;\n","protected":false},"author":2,"featured_media":666466,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,9075,254,255,64,63,4065,174,5063,38110,48037,105],"class_list":["post-666465","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-arm-holdings-plc","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-breaking-news-technology","tag-business-news","tag-nvidia-corp","tag-oracle-corp","tag-softbank-group-corp","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/666465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=666465"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/666465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/666466"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=666465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=666465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=666465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}