UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]
View More AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investorsCategory: Graphcore
AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors
UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]
View More AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investorsMythic nets $40M to create a new breed of efficient AI-focused hardware
Another huge financing round is coming in for an AI company today, this time for a startup called Mythic getting a fresh $40 million as it appears massive deals are closing left and right in the sector. Mythic particularly focuses on the inference side of AI operations — basically making the calculation on the spot […]
View More Mythic nets $40M to create a new breed of efficient AI-focused hardwareThe red-hot AI hardware space gets even hotter with $56M for a startup called SambaNova Systems
Another massive financing round for an AI chip company is coming in today, this time for SambaNova Systems — a startup founded by a pair of Stanford professors and a longtime chip company executive — to build out the next generation of hardware to supercharge AI-centric operations. SambaNova joins an already quite large class of […]
View More The red-hot AI hardware space gets even hotter with $56M for a startup called SambaNova SystemsThe AI chip startup explosion is already here
All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI.
But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts of 2017, a year when AI continued its march toward being omnipresent in… Read More
The AI chip startup explosion is already here
All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI.
But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts of 2017, a year when AI continued its march toward being omnipresent in… Read More
Graphcore raises $50M amid a flurry of AI chip activity
While some of the largest chip manufacturers are looking to shift their focus onto the GPU for their biggest machine learnings, there’s a blooming ecosystem of new chip startups looking to rethink the way processing for AI works That includes a European-based startup called Graphcore, which said today that it has raised $50 million in new financing led by Sequoia Capital. Graphcore,… Read More