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Graphcorehas announced plans for a fresh hiring drive just months after its landmark acquisition bySoftBank.

As part of the deal, the company became a wholly-owned subsidiary of the Japanese investment bank.

Graphcore

Toon described the deal as a tremendous endorsement for the company and said the acquisition is a great outcome.

What does the move say about Graphcore future plans?

The open positions do point toward its potential future plans, however, particularly with regard to chip design.

Instead, they rely on internal SRAM.

Competitor chips do use HBM though, includingIntel,AMDandNvidia.

It wouldnt be alone here, either.

Nvidia offers its own software and infrastructure options for AI inferencing.

This has been crucial in its rapid ascendance throughout the generative AI boom.

AMD has also focused heavily on its own data center segment in recent years to keep pace with Nvidia.

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