9 years ago

Graphcore Raises $30 Million Series A to Accelerate AI Hardware Development

  • UK-based startup Graphcore has raised $30 million in Series A funding to accelerate the development and deployment of its IPU (Intelligent Processing Unit) system

  • The funding round was led by Robert Bosch Venture Capital GmbH, with participation from Samsung Catalyst Fund and other investors

  • Graphcore's IPU technology aims to significantly accelerate machine learning and AI applications, targeting cloud and enterprise datacenters as well as embedded consumer applications.

      • ProblemTechnology

      "making machine learning and AI applications faster and more efficient"

      Solution

      "developing a system, called IPU, that accelerates machine learning and AI applications, with the goal of making general artificial intelligence a reality"

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