Bristol AI chip upstart Graphcore scores m in VC dosh

Silicon for machine learning that it hopes will ‘challenge Nvidia’ A Bristol upstart backed by Samsung and ARM daddy Hermann Hauser has raised $30m to make chips designed especially for machine learning. Graphcore, led by CEO Nigel Toon, says it has “created a complete software and hardware system, based on our Intelligent Processing Unit (IPU), that will accelerate the full range of current and future machine intelligence methods for training, inference and prediction.” Companies working on machine learning and AI technologies use GPUs for their data-crunching. Graphcore, however, reckons its chip architecture is uniquely optimised for AI work. “With standard chips, you end up using an awful lot of servers, so we can reduce [numbers of] machines, save a huge amount of power and make the system a lot more…

Link to Full Article: Bristol AI chip upstart Graphcore scores m in VC dosh

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