News

July 9, 2024

Graphcore employees have share value wiped as sale to SoftBank agreed

The news follows months of reports that the UK chip company is in talks with the Japanese multinational investor

Graphcore employees have had the value of their shares wiped, as a “conditional agreement” to sell the company has been reached, sources tell Sifted. 

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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