Morrison Foerster advised SoftBank Group Corp. in its acquisition of Graphcore, a UK-based semiconductor and microprocessor developer.
The firm also advised SoftBank in connection with its pre-IPO investment in Tempus AI, a leader in artificial intelligence and precision medicine, as well as its joint venture with Tempus to bring its AI solutions to Japan and the Asia region; and advised SoftBank as the lead investor in the $1.05 billion Series C financing of Wayve, a leading UK developer of AI for autonomous vehicles.
“With the advent and the acceleration of AI, what’s going to be critical is the foundation layers-not just the models but all the infrastructure around it, including on the semiconductor and systems side.” – Vikas Parekh, Managing Partner SoftBank Investment Advisors
