In a significant move to bolster its artificial intelligence (AI) capabilities, SoftBank-owned semiconductor company Graphcore has announced plans to invest £1 billion (approximately $1.3 billion or ₹11,860 crore) in India over the next decade. This investment includes the establishment of a state-of-the-art AI engineering campus in Bengaluru, marking the company's first major expansion into the Indian market.
Strategic Expansion into India
Founded in 2016 in Bristol, UK, Graphcore specializes in developing advanced AI compute hardware, including its Intelligence Processing Units (IPUs) designed to outperform traditional Graphics Processing Units (GPUs) in AI workloads. The company's decis
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