INSUBCONTINENT EXCLUSIVE:
And Graphcore is well aware of that as the Bristol-based company is designing its own dedicated AI chipset
managed to attract a ton of attention from day one
Originally founded in 2016, the startup has raised more than $300 million from top investors, such as Sequoia Capital, BMW, Microsoft,
Samsung and a ton of others.The company last raised a $200 million Series D round led by Atomico and Sofina
Processor Unit (IPU) PCIe processor card combined with a software framework
Essentially, it lets you build your own AI applications more efficiently
Those dedidacted AI chips should perform better than repurposed GPUs.Tobias Jahn, principal at BMW i Ventures, summed it up pretty well in a
Nvidia, AMD, Intel, Qualcomm, etc
underserved niche with a lot of potential
The conference will take place on December 11-12.In addition to panels and fireside chats, like this one, new startups will participate in
the Startup Battlefield to compete for the highly coveted Battlefield Cup.Graphcore (graphcore.ai) is a new silicon and systems company
based in Bristol, UK and Palo Alto, USA that has developed a new type of processor, the Intelligence Processing Unit (IPU), to accelerate
machine learning and AI applications
capital firms including Sequoia Capital, Foundation Capital and Atomico, from major corporations including BMW, Bosch, Dell, Microsoft and
Samsung and from eminent Artificial Intelligence innovators.Nigel has a background as a technology business leader, entrepreneur and
engineer having been CEO at two successful VC-backed processor companies XMOS and Picochip (sold to Nasdaq:MSPD, now Intel), a founder at
Icera (sold to Nasdaq: NVDA) and VP/GM at Altera (Nasdaq: ALTR, sold to Intel for $17Bn) where he spent over 13 years and was responsible
for establishing and building the European business unit that he grew to over $400m in annual revenues
Nigel was a non-executive director at Imagination Technologies PLC until itsacquisition in 2017 and is the author on 3 patents.
