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Home > News > Press Releases > graphcore

Press Release

Latest Press Release: 25th February 2020

Graphcore secures additional $150 million in new capital and reports fiscal 2019 business highlights

25 February 2020, Bristol:  Graphcore has secured an additional $150 million in new capital to secure its position as the leading pure-play machine intelligence AI processor company. The private placement has been made by leading financial asset managers, growth equity funds and investment trusts and includes new investors Baillie Gifford, Mayfair Equity Partners [...]

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  • Press Release: 20th July 2017

    Founders of DeepMind, OpenAI and Chief Scientist at Uber back Graphcore in new $30m funding round led by Atomico

    Graphcore IPU products will lower the cost of accelerating AI applications, increase the performance of both training and inference by 10x to 100x compared to the fastest systems today and enable recent success in deep learning to evolve rapidly towards useful, general artificial intelligence. 20 July 2017, Bristol. Machine intelligence company, Graphcore, has [...]

  • Press Release: 31st October 2016

    Graphcore secures $30m to accelerate artificial intelligence

    31 Oct 2016, Bristol, UK: Graphcore Ltd, a startup developing new technology to deliver massive acceleration for machine learning and AI applications, has completed a $30m Series-A funding round from a world-class line up of venture capital and strategic investors.  The funding was led by Robert Bosch Venture Capital GmbH with Samsung Catalyst [...]

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