SoftBank-owned semiconductor company Graphcore has announced plans to invest up to £1 Bn (about $1.2 Bn or INR 11,860 Cr) in India over the next decade.
As part of its India push, the company is also setting up an AI engineering campus in Bengaluru. This would create 500 semiconductor engineering jobs in India and significantly scale Graphcore’s global operations, the UK-based semiconductor company said.
The new AI campus will focus on developing advanced AI computing hardware. “Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
