British AI chip start-up raises another $50 million in funding

Nicholas Fearn
clock • 2 min read

Bristol-based start-up almost doubles its funding to bring its AI microprocessors to market

Graphcore, a UK-based start-up focusing on microprocessors for machine learning and artificial intelligence, has raised $50 million from Sequoia Capital in a new round of venture financing.  The...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Chief scientist and superalignment lead Ilya Sutskever parts ways with OpenAI

Artificial Intelligence

Superalignment co-lead Jan Leike follows hours later

clock 15 May 2024 • 3 min read
CIOs can't afford to wait for AI transformation

Artificial Intelligence

Invest in tech and talent now

clock 15 May 2024 • 3 min read
OpenAI showcases the real time 'magic' of GPT-4o

Artificial Intelligence

“Omnimodel” makes ChatGPT more accessible

clock 14 May 2024 • 3 min read

More on Budgets and Investment

Salesforce to plug $4bn in UK business for AI innovation

Salesforce to plug $4bn in UK business for AI innovation

Also aims to drive job creation amid the continued digital skills shortage

Kelsey Rees
clock 30 June 2023 • 2 min read
Transparency in IT: Improving the customer experience

Transparency in IT: Improving the customer experience

As an IT leader, the biggest challenge I’ve found is that people look to you to know everything — and that’s simply not possible. That’s why I’ve made myself into a totally transparent leader.

Robert Field
clock 17 February 2023 • 3 min read
Microsoft asks staff to cut expenses on travel, training

Microsoft asks staff to cut expenses on travel, training

Another sign of the coming global recession

clock 12 August 2022 • 2 min read