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To make machine learning faster, easier and more intelligent.
Traditional hardware, mainly GPUs, used for training these models, comes at a high cost, both financially and environmentally, producing millions of dollars in expenses and hundreds of tons of greenhouse gases. In response, Graphcore is developing accelerator chips designed to expedite AI system training while significantly reducing power consumption.
AI accelerators like those crafted by Graphcore specialise in enhancing specific AI applications, such as artificial neural networks, deep learning, and machine learning. Utilising multicore designs and prioritising low-precision arithmetic or in-memory computing, these accelerators elevate the performance of large AI algorithms, achieving breakthrough results in natural language processing and computer vision.
Graphcore has ambitious plans to creat an AI supercomputer set to debut in 2024, aiming to be one of the most powerful in its class. The company is actively seeking strategic partnerships to bring this vision to fruition, signaling its commitment to shaping the future of AI computing.
Freddie
Company Specialist at Welcome to the Jungle
Dec 2020
$222m
SERIES E
Feb 2020
$150m
SERIES D
This company has top investors
Nigel Toon
(CEO)Previously the President and CEO at picoChip Designs (processors for telecoms). As well as the VP and GM of Europe at Altera (semiconductors, merged with Intel).
Simon Knowles
(CTO)Founded two successful semiconductor companies, Element14 and Icera, for a combined value of over $1 billion.
Joined Graphcore as a Test Technician in 2021 and has since been promoted to Semiconductor Test Engineer in 2019 and Staff SIlicon Test Engineer in 2023.