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Graphcore raises $222 million in Series E Funding Round

Dec 29, 2020•over 4 years ago

Amount Raised

$222 Million

Round Type

series e

Bristol

Description

 Graphcore - maker of the Intelligence Processing Unit which is a new type of microprocessor specifically designed to support artificial intelligence workloads – announced today that it has raised $222 million in a Series E funding round that values the company at $2.77 billion post-money. The new investment will be used to support the company's continued global expansion and to further accelerate future IPU silicon, systems and software development.

Company Information

Company

Graphcore

Location

Bristol, Pennsylvania, United States

About

Graphcore is the inventor of the Intelligence Processing Unit (IPU), the world's most sophisticated microprocessor, designed for the needs of current and next-generation artificial intelligence workloads.

Company News

(10 articles)
Fri, 04 Oct 2024 07:00:00 GMT

Graphcore — bought by SoftBank for $600m+ — made $4m in revenue in 2023 - Sifted

Thu, 11 Jul 2024 07:00:00 GMT

Japan's SoftBank acquires British AI chipmaker Graphcore - Reuters

Thu, 18 Jul 2024 09:36:05 GMT

SoftBank acquires British AI chipmaker Graphcore - AI News

Thu, 03 Mar 2022 19:02:32 GMT

Graphcore Uses TSMC 3D Chip Tech to Speed AI by 40% - IEEE Spectrum

Thu, 11 Jul 2024 07:00:00 GMT

SoftBank buys Graphcore, the British chipmaking startup, to fuel its AI ambitions - SiliconANGLE

Thu, 11 Jul 2024 07:00:00 GMT

SoftBank acquires UK AI chipmaker Graphcore - TechCrunch

Thu, 22 Jul 2021 07:00:00 GMT

Atos and Graphcore partner to deliver advanced AI HPC solutions worldwide - Atos

Thu, 11 Jul 2024 07:00:00 GMT

SoftBank buys UK chipmaker Graphcore in AI push - Financial Times

Mon, 19 Feb 2024 08:00:00 GMT

AI chip maker Graphcore in talks over £400m sale - Data Center Dynamics

Fri, 06 Oct 2023 07:00:00 GMT

Graphcore Was the UK's AI Champion—Now It’s Scrambling to Survive - WIRED

FundzWatch™ Score

76
Medium Activity

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