SoftBank buys struggling UK-based chipmaker Graphcore with regulatory approval; sources: the deal is valued at ~$600M, less than the ~$700M Graphcore had raised (Financial Times)

Financial Times:
SoftBank buys struggling UK-based chipmaker Graphcore with regulatory approval; sources: the deal is valued at ~$600M, less than the ~$700M Graphcore had raised  —  Deal will give Bristol-based company a resource boost while advancing the ‘next big bet’ of Masayoshi Son's group