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Flipkart's exits; Dassault's India expansionHappy Friday! Flipkart has divested stakes in multiple startups and companies to sharpen its focus on its main business. This and more in t...10 Oct, 2025, 07.47 AM IST- Softbank-owned chipmaker Graphcore will invest $1.3 billion in India over 10 years: CEO Nigel ToonGraphcore, a UK chip firm, will invest $1.3 billion in India over the next decade. The company is opening its first office in Bengaluru, hi...09 Oct, 2025, 08.30 PM IST
- TCS's muted Q2 results; chipmaker Graphcore's India betTCS kicked off earnings season on Thursday with a muted second quarter showing. This and more in today's ETtech Top 5.09 Oct, 2025, 07.52 PM IST
- SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo saySoftBank Group is set to reduce its Vision Fund team by nearly 20% globally, redirecting resources towards Masayoshi Son's ambitious AI ven...19 Sep, 2025, 08.10 AM IST
- SoftBank expected to book $1.87 billion profit on IPOsAnalysts are also looking out for signs of new investment momentum driven by SoftBank's robust balance sheet and management's bullish stanc...11 Nov, 2024, 10.54 AM IST
- SoftBank books small quarterly profit, unveils $3.4 billion buybackJapanese technology investor SoftBank Group logged 10.4 billion yen ($70.7 million) in net profit, better than a loss of 316.2 billion yen ...07 Aug, 2024, 07.45 PM IST
- SoftBank seen posting modest profit in Q1, buyback potential in focusSoftBank Group, facing investor pressure, is set to announce its first-quarter profit. There is speculation about a major share buyback, dr...06 Aug, 2024, 11.45 AM IST
- Japan's Nikkei drops from record high on chip selloff, yen intervention nervesThe Nikkei share average dropped 2% on Friday, influenced by a tech stock selloff mirroring Wall Street. Profit-taking before Japan's long ...12 Jul, 2024, 08.39 AM IST
- Japan's SoftBank acquires British AI chipmaker GraphcoreOnce touted as a rival to Nvidia, which has seen its own valuation skyrocket thanks to soaring demand for AI computer chips, Britain's Grap...12 Jul, 2024, 07.53 AM IST
- Nvidia rival Graphcore in need of funding as losses mountGraphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% t...06 Oct, 2023, 01.02 AM IST
- Britain limits AI summit guest list to 100 invitees, excludes startupsThe highly anticipated event is set to test Prime Minister Rishi Sunak's conviction that Britain can serve as the world leader in regulatin...04 Oct, 2023, 07.21 PM IST
- SoftBank seeks OpenAI tie-up as Masayoshi Son plans deal spree after Arm IPOSoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its ...16 Sep, 2023, 08.59 PM IST
- Silicon Valley AI chip startup SiMa.ai hooks key investorsThis is at least the third investment in US chip startups by VentureTech Alliance in the past month. In May, VentureTech invested when Ayar...13 Jun, 2023, 07.06 PM IST
- Meta Platforms scoops up AI networking chip team from GraphcoreThe move brings additional muscle to the social media giant's bid to improve how its data centers handle AI work, as it races to cope with ...07 May, 2023, 09.14 AM IST
- Meta scoops up AI networking chip team from GraphcoreThe move brings additional muscle to Meta's bid to improve how its data centers handle AI work, as it races to cope with demand for AI-orie...05 May, 2023, 08.46 PM IST
- AlphaICs raises $8 million in funding led by Endiya Partners, Emerald Technology VenturesThe company said it will utilise the capital to use the funds to get its Gluon AI chip into the fabrication stage, to develop its software ...20 Jan, 2021, 03.27 PM IST
- An AI chip uses fuzzy math for human-like intuitionUnlike the number-crunching alternatives, British startup Graphcore has developed a brain for computers that excels at guesswork.06 Jun, 2019, 07.58 AM IST
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