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Graphcore Stock

Microprocessor Designed for AI and Machine Learning

Founded

2016

Notable Investors

Mayfair Equity Partners

Headquarters

Bristol, GB

Total Funding

$751M

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

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

Other Companies

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