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Graphcore to Boost India's AI Sector with $1.2Bn Investment

  • SoftBank's semiconductor arm, Graphcore, plans to invest $1.2 Bn in India over ten years.
  • The investment includes setting up an AI engineering campus in Bengaluru, creating 500 engineering jobs.
  • The campus will focus on developing AI hardware to tackle global challenges like drug discovery and business productivity.
  • Graphcore is expanding its footprint in India as part of SoftBank's AI initiatives post-acquisition.
  • This move aligns with global tech trends, as giants increasingly tap into India's growing tech talent and AI market.

Source: Inc42

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