UK start-up enters the AI hardware arms race

Add to favoritesCompany has created a software and hardware based system. The artificial intelligence hardware market is getting a new UK-based competitor. Graphcore, a Bristol-based start-up that creates hardware designed for machine learning applications, raised $30 million in a Series A funding found. The company says that its mission is to make machine learning faster, easier and more intelligent. Nigel Toon, CEO, Graphcore said: “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.” The company has created a software and hardware system that it has based on its Intelligent Processing Unit, which it says will accelerate the full range…

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