US Top News and Analysis | SoftBank has injected $450 million into this British AI chip company AI generated summary, Read the full article for complete information. SoftBank has injected more than $450 million into British AI‑chip maker Graphcore, which it acquired in 2024, to fund the development of artificial general intelligence (AGI) and bolster SoftBank’s broader AI‑infrastructure strategy. According to a Companies House filing, Graphcore issued a single share valued at $457 million on April 10, confirming the financing came directly from SoftBank. The infusion is part of a “portion” of the capital Graphcore expects from SoftBank this year and follows SoftBank’s heavy AI spending, including stakes in OpenAI and involvement in the $500 billion Stargate project. SoftBank aims to expand its AI footprint further, planning a standalone AI and robotics company in the U.S. and exploring a large AI data‑center project in France, while Graphcore is also investing up to £1 billion to open a new AI campus in Bengaluru, India. Read more: https://www.cnbc.com/2026/05/12/softbank-graphcore-ai-chip-investment.html #SoftBank #Graphcore #CNBC #CompaniesHouse #OpenAI #Oracle #Nvidia #Stargate #Bengaluru #