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 Advisers 40 Morrison Foerster
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