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Graphcore Stock
Microprocessor Designed for AI and Machine Learning
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
Ahren Innovation Capital
Amadeus Capital Partners
Atomico
MessageBird, Attentive, Graphcore, PsiQuantum, MasterClass, Lime, Gympass, Clutter, Omio, Automile
BMW i Ventures
Fair, Graphcore, Carbon, ChargePoint, Proterra, Turntide Technologies, Trifacta, Nauto, Shift, Kodiak Robotics
C4 Ventures
Via, Graphcore, DriveNets, Formlabs, Foursquare, Tulip Interfaces
Dell Technologies Capital
Graphcore, SingleStore, Druva, Redis Labs, VAST Data, Moogsoft, FullStory, JFrog, Mirantis, Big Switch Networks
Fidelity International
Foundation Capital
Rappi, Fair, Cerebras Systems, Graphcore, Cohesity, Bolt Threads, OpenSea, Current, Kiavi, States Title
Mayfair Equity Partners
MerianChrysalis
Pitango Venture Capital
Via, Graphcore, DriveNets, ForeScout Technologies, Formlabs, AppsFlyer, eToro, Zerto, Tomorrow.io, Tulip Interfaces
Samsung Catalyst Fund
Samsung Strategy and Innovation Center
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Sofina
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
aithority - Jul, 23 2021
neurons - Jun, 30 2021
eetimes - Jun, 30 2021
neurons - Jun, 15 2021
networkworld - May, 10 2021
eetimes - Jan, 26 2021
telegraph - Feb, 14 2021
bit - Jan, 13 2021
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