Graphcore to invest £1B in India, launching an AI campus in Bengaluru

SoftBank-owned Graphcore will invest £1 billion in India over ten years, establishing an AI engineering campus in Bengaluru creating 500 semiconductor jobs. Hiring has begun for 100 roles in silicon design and verification. Founded by Nigel Toon and Simon Knowles, Graphcore provides AI compute solutions. SoftBank, which acquired Graphcore in 2024, expands its Indian presence beyond its $12 billion startup investments.