Bristol-based computer chip startup Graphcore closes $30m Series A

Bristol-based computer chip startup Graphcore closes m Series A

Topics Related articles Bristol-based computer chip startup Graphcore has announced the closure of a $30m Series A round. Investors in the round included Bosh, Samsung, Amadeus Capital, C4 Ventures, Draper Espirit, Foundation Capital and Pitango Capital. Speaking about the raise, Nigel Toon, the CEO, said the startup was seeking to make machine learning faster, easier and more intelligent. Bristol-based Micrima raises £2.6m to improve breast screening “Our technology will reduce the cost of accelerating AI applications in the cloud; the same technology will bring AI to low power consumer devices. It will enable recent deep learning applications to evolve more rapidly towards useful, general artificial intelligence,” he continued. The company has created a software and hardware system based on its Intelligent Processing Unit (IPU) which it claims will make it…


Link to Full Article: Bristol-based computer chip startup Graphcore closes m Series A