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What will be SoftBank's major strategic move post-Graphcore acquisition by end of 2024?
2
Resolution / Starting Odds
New AI product launch • 25%
Partnership with another tech giant • 25%
Further acquisitions • 25%
Restructuring of Graphcore • 25%
Official announcements from SoftBank, financial news platforms like Bloomberg, Reuters
Story
SoftBank Acquires UK AI Chipmaker Graphcore for $500 Million, Says CEO Nigel Toon
Jul 11, 2024, 11:05 PM
SoftBank has acquired the struggling UK AI chipmaker Graphcore as part of its ongoing push into the artificial intelligence sector. The acquisition, which has been rumored to be valued at $500 million, aims to bolster SoftBank's capabilities in advanced AI compute. Graphcore, known for its cutting-edge technology in AI chips, will now join SoftBank Group to develop the next generation of AI computing solutions. The deal was confirmed by multiple sources including Reuters, TechCrunch, and Bloomberg. Graphcore co-founder and CEO Nigel Toon remained coy on the exact figure during a press briefing.
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Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Yes • 50%
No • 50%
Less than $200 million • 25%
$200 million to $400 million • 25%
$400 million to $600 million • 25%
More than $600 million • 25%
Yes • 50%
No • 50%
Less than 500 • 25%
500 to 1000 • 25%
1000 to 1500 • 25%
More than 1500 • 25%
Accelerated AI development • 25%
Expansion into new markets • 25%
Increased partnerships • 25%
No significant change • 25%
Further investment in PayPay • 25%
Integration with other SoftBank assets • 25%
Divestment of PayPay • 25%
Other • 25%
