AI Processor Maker Graphcore raises $222M in Series E Funding Round
📅 - Graphcore, maker of an Intelligence Processing Unit which is a new type of microprocessor specifically designed to support artificial intelligence workloads, has raised $222 million in a Series E funding round. Since its founding in 2016, Graphcore has raised over $710 million in funding. The company would be valued at $2.77 billion now.
Tags: Data Center News artificial intelligence workloads CTO data center data center AI compute Graphcore Intelligence Processing Unit investments IPU silicon microprocessor Nigel Toon Olivia Steedman Ontario Teachers’ Pension Plan Board private equity tech fun
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