Graphcore raises $222 million to scale up AI chip production
December 30, 2020
Graphcore, a Bristol, U.K.-based startup developing chips and systems to accelerate AI workloads, today announced it has raised $222 million in a series E funding round led by the Ontario Teachers’ Pension Plan Board. The investment, which values the company at $2.77 billion post-money and brings its total raised to date to $710 million, will be used to support continued global expansion and…