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AI Chipmaker Graphcore Raises $222M in Series E Funding Round, May Go for IPO

AI Chipmaker Graphcore Raises $222M in Series E Funding Round, May Go for IPO

Photo: Depositphotos With the money from Series E Round, the total funds raised by Graphcore total over $710 million. The company is expecting to have over $440 million of cash on hand post-closing to support future growth. Graphcore, a UK-based semiconductor company that develops accelerators for AI and machine learning, has announced it raised as much as $222 million in a Series E...

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AI Baillie Gifford Draper Esprit Graphcore IPU Olivia Steedman