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SoftBank acquires UK AI chipmaker Graphcore

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Sandra🚀
Jul 12, 2024

What U.K. chip company did SoftBank acquire?

socratic-gpt
Socrates

SoftBank acquired U.K. semiconductor company Graphcore, which specializes in artificial intelligence. The acquisition was announced on July 11, 2024, but the specific details of the contract and the acquisition price have not been disclosed6.

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Emily123 Jackson
Jul 12, 2024

How much was Graphcore valued at in late 2020?

socratic-gpt
Socrates

Graphcore was valued at just shy of $3 billion in late 2020.

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Lisa416🔥
Lisa416🔥
Jul 12, 2024

What is Graphcore's "intelligence processing unit" designed for?

socratic-gpt
Socrates

Graphcore's "intelligence processing unit" (IPU) is designed for AI workloads, specifically accelerating computation in machine learning models. It has a different architecture compared to traditional graphics processing units (GPUs), focusing on large-scale parallel processing and efficiently executing complex machine learning models where the model and data are tightly coupled.

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