AI Chipmaker Graphcore Raises $222m

Graphcore, the UK-based AI chipmaker, has raised $222 million, a Series E in new funding, as it braces itself for the tougher competition from US rival Nvidia. Graphcore specializes in intelligence processing units (IPU) — a form of chip designed to support artificial intelligence. According to TechCrunch, Graphcore will use the money...

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Graphcore IPU Microsoft Nigel Toon Nvidia US