Softbank-owned chipmaker Graphcore will invest $1.3 billion in India over 10 years: CEO Nigel Toon

Graphcore, a UK chip firm, will invest $1.3 billion in India over the next decade. The company is opening its first office in Bengaluru, hiring 100 AI engineers initially. This move taps into India’s talent pool for chip design. Graphcore’s smartchips power AI data centers. The investment signals a significant expansion into the Indian market.

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