Tech & Gadgets

Japanese Arm owner gets bargain with Graphcore purchase — could a British startup hampered by a lack of support embrace Arm’s licensing strategy to break Nvidia’s stranglehold on AI?

UK-based AI chip developer Graphcore was once seen as a potential competitor to Nvidia and AMD, but the company has found itself in dire straits after failing to capitalise on the AI ​​boom.

In February 2024, we wrote that Graphcore urgently needed to raise significant funds before May to survive, and that a number of potential buyers were clustering around the troubled company. These included Arm, Japanese tech conglomerate SoftBank (which owns a majority stake in Arm), and OpenAI.

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