Graphcore Stock
Microprocessor Designed for AI and Machine Learning
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About Graphcore Stock
Graphcore is a hardware systems company that develops a microprocessor designed specifically for AI and machine learning applications. It has created a new processor, the Intelligence Processing Unit (IPU), specifically designed for artificial intelligence. Graphcore claims that the IPU’s architecture can allow developers to run current machine learning models orders of magnitude faster and allow AI researches to undertake new types of work.
Graphcore was founded in 2016 by Nigel Toon and Simon Knowles and is headquartered in Bristol, United Kingdom. Notable investors include Sequoia Capital, Amadeus Capital Partners, Robert Bosch Venture Capital, and Samsung Strategy and Innovation Center.
Investors
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Foundation Capital
Rappi, Cohesity, Fair, Cerebras Systems, Graphcore, Bolt Threads, OpenSea, Current, Kiavi, States Title
Atomico
MessageBird, Attentive, Graphcore, PsiQuantum, MasterClass, Lime, Gympass, Clutter, Omio, Automile
MerianChrysalis
Dell Technologies Capital
Graphcore, SingleStore, Druva, Redis Labs, VAST Data, Moogsoft, FullStory, JFrog, Mirantis, Big Switch Networks
Funding History
October 2016 | $32.0M |
---|---|
July 2017 | $30.0M |
November 2017 | $50.0M |
December 2018 | $217M |
May 2020 | $160M |
January 2021 | $262M |
Management
Chief Executive Officer
Nigel Toon
Chief Financial Officer
Nick Bishop
Press
sifted - Apr, 5 2024
Inside HyperAI's lawsuit against Graphcoretechradar - Apr, 5 2024
Tiny AI chip designer could become Arm's sibling - Softbank rumored to be interested in buying cash-strapped ...siliconangle - Apr, 5 2024
Graphcore reportedly explores sale amid tough competition in AI chip markettelegraph - Apr, 5 2024
British AI champion Graphcore explores foreign salesifted - Mar, 26 2024
Inside HyperAI’s lawsuit against Graphcore