LONDON — U.K.-based chipmaker Graphcore announced Tuesday that it had raised $222 million of investment as it looks to take on U.S rivals Nvidia and Intel. Graphcore said it will use the funding to ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Riddhi Kanetkar Every time Riddhi publishes a story, you’ll get an alert straight to your inbox ...
Nvidia's artificial intelligence chipmaking rival Graphcore has reportedly been acquired by Japanese giant Softbank for an undisclosed amount. Sources imply that Graphcore was bought for considerably ...
British investors are pessimistic about the prospects of Graphcore, once billed as a rival to Nvidia. The firm, which makes AI chips, reported surging losses, layoffs, and office closures. Industry ...
U.K. artificial intelligence chip startup Graphcore Ltd. is reportedly exploring a sale as it has struggled to compete with the likes of Nvidia Corp. in the booming AI chip market. The Telegraph ...
Add Yahoo as a preferred source to see more of our stories on Google. U.K. chip company Graphc o re has been formally acquired by Japan's SoftBank. Rumors of the deal have abounded for some time, but ...
‘In SoftBank, we have a partner that can enable the Graphcore team to redefine the landscape for AI technology,’ Graphcore co-founder and CEO Nigel Toon says of the acquisition. Japanese investment ...
"The misconception here is that this is as much, if not more, a software problem to solve than it is a hardware problem," said Nigel Toon, chief executive officer of AI computer startup Graphcore.
Oct 5 (Reuters) - Artificial intelligence chipmaker Graphcore said it needed to raise cash due to widening losses, according to a filing, as Nvidia's dominance in AI chips has chilled funding for ...
Graphcore has raised $222 million as it looks to take on U.S rivals Nvidia and Intel. The Series E funding round, which comes less than a year after Graphcore raised a $150 million extension to its ...