Representative image for a semiconductor.
Credit: Reuters Photo
UK-headquartered semiconductor company Graphcore, a wholly owned subsidiary of SoftBank, will open a new AI Engineering Campus in Bengaluru. This new centre will create 500 new semiconductor jobs. The chipmaker will invest up to £1 billion over the next decade.
"The decision to locate Graphcore's new AI Engineering Campus in Bengaluru was an easy one. Even in a country filled with technology engineering talent, Bengaluru stands out," the company said.
The company's engineers in Bengaluru will be developing semiconductor products for use by the world’s leading AI practitioners to help solve global challenges in drug discovery and public health, environmental sustainability and to improve business productivity, it added.
Founded in 2016, the company was acquired by SoftBank in 2024. SoftBank Group has invested more than $12 billion in India over the past decade.
“Demand for AI compute is vast and continues to grow. There remains much to do to improve efficiency, resilience, and computational power to unlock the full potential of AI. In SoftBank, we have a partner that can enable the Graphcore team to redefine the landscape for AI technology," Graphcore co-founder and CEO Nigel Toon had said when SoftBank acquired the company.