SoftBank buys struggling UK-based chip company Graphcore with full regulatory approval granted; the once touted Nvidia rival was valued at ~$2.8B in Dec. 2020 (Paul Sawers/TechCrunch)

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Paul Sawers / TechCrunch:
SoftBank buys struggling UK-based chip company Graphcore with full regulatory approval granted; the once touted Nvidia rival was valued at ~$2.8B in Dec. 2020  —  Terms of the deal were not disclosed, but Graphcore CEO Nigel Toon says it's a positive outcome (for most).

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