SoftBank buys struggling UK-based chip company Graphcore with full regulatory approval granted; the once touted Nvidia rival was valued at ~$2.8B in Dec. 2020 (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch: SoftBank buys struggling UK-based chip company Graphcore with full regulatory approval granted; the once touted Nvidia rival was valued at ~$2.8B in Dec. 2020  —  Terms of the deal were not disclosed, but Graphcore CEO Nigel Toon says it's a positive outcome (for most).

SoftBank buys struggling UK-based chip company Graphcore with full regulatory approval granted; the once touted Nvidia rival was valued at ~$2.8B in Dec. 2020 (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch:
SoftBank buys struggling UK-based chip company Graphcore with full regulatory approval granted; the once touted Nvidia rival was valued at ~$2.8B in Dec. 2020  —  Terms of the deal were not disclosed, but Graphcore CEO Nigel Toon says it's a positive outcome (for most).

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.