Investor Backing & Capital Strength:
SoftBank acquired Graphcore in July 2024 and signaled at least 12 months of support, providing stability and access to deeper resources. The company continues operating independently within SoftBank, indicating ongoing backing for its roadmap.
Strong Hiring & Retention:
After the acquisition, Graphcore announced roughly a 20% headcount increase (~75 roles) and later outlined plans to double UK headcount while creating up to 500 roles in India. Hiring spans silicon design, hardware, datacenter infrastructure, software, and AI research.
Market Expansion:
Plans include a new AI Engineering Campus in Bengaluru and targeted growth into geographies such as Japan and the Middle East in 2025. The company is leveraging SoftBank’s network to pursue sovereign AI cloud and large carrier projects.
