SoftBank Deepens AI Hardware Push With Fresh $457 Million Injection Into Graphcore

SoftBank injected more than $450 million into AI chipmaker Graphcore via a new share issue.

The funding is meant to help Graphcore advance its AI chip and broader infrastructure plans.

The move fits SoftBank’s strategy to build a vertically integrated AI stack spanning chips, compute, and data centers.

It also reflects a wider shift in the AI industry toward controlling hardware and infrastructure, not just software.