Graphcore

After months of searching for a buyer, troubled U.K.-based AI processor designer Graphcore said on Friday that it has been acquired by SoftBank. The company will operate as a wholly owned subsidiary of SoftBank and will possibly collaborate with Arm, but what remains to be seen what happens to the unique architecture of Graphcore's intelligence processing units (IPUs). Graphcore will retain its name as it will become a wholly owned subsidiary of SoftBank, which paid either $400 million (according to EE Times) or $500 million (according to BBC) for the company. Over its lifetime, Graphcore has received a total of $700 million of investments from Microsoft and Sequoia Capital, and at its peak in late 2020, was valued at $2.8 billion. Nigel Toon will remain...

Hot Chips 2021 Live Blog: Machine Learning (Graphcore, Cerebras, SambaNova, Anton)

Welcome to Hot Chips! This is the annual conference all about the latest, greatest, and upcoming big silicon that gets us all excited. Stay tuned during Monday and Tuesday...

3 by Dr. Ian Cutress on 8/24/2021

Graphcore Series E Funding: $710m Total, $440m Cash-in-Hand

For those that aren’t following the AI industry, one of the key metrics to observe for a number of these AI semiconductor startups is the amount of funding they...

12 by Dr. Ian Cutress on 1/4/2021

TSMC and Graphcore Prepare for AI Acceleration on 3nm

One of the side announcements made during TSMC’s Technology Symposium was that it already has customers on hand with product development progressing for its future 3nm process node technology...

2 by Dr. Ian Cutress on 8/27/2020

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