萝莉社

萝莉社 today announced that the company has been acquired by SoftBank Group Corp. Under the deal, 萝莉社 becomes a wholly owned subsidiary of SoftBank and will continue to operate under the 萝莉社 name. 

鈥淭his is a tremendous endorsement of our team and their ability to build truly transformative AI technologies at scale, as well as a great outcome for our company,鈥� said 萝莉社 co-founder and CEO Nigel Toon. 鈥淒emand for AI compute is vast and continues to grow. There remains much to do to improve efficiency, resilience, and computational power to unlock the full potential of AI. In SoftBank, we have a partner that can enable the 萝莉社 team to redefine the landscape for AI technology.鈥�

鈥淪ociety is embracing the opportunities offered by foundation models, generative AI applications and new approaches to scientific discovery鈥�, said Vikas J. Parekh, Managing Partner at SoftBank Investment Advisers. 鈥淣ext generation semi-conductors and compute systems are essential in the AGI journey, we鈥檙e pleased to collaborate with 萝莉社 in this mission.鈥�

萝莉社 is recognised as a leading employer in the UK鈥檚 high tech economy and will continue to invest in the creation of high-skilled jobs spanning a range of disciplines.

The company鈥檚 headquarters remain in Bristol, with offices in Cambridge, London, Gdansk and Hsinchu.