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December 29, 2020

Graphcore raises $222m to speed up battle with Nvidia

The Bristol-based company needs financial firepower to help win contracts with big customers like Microsoft and Alibaba.


Maija Palmer

3 min read

Graphcore founders Nigel Toon and Simon Knowles

Graphcore, the UK-based maker of microprocessors designed to support AI, has raised a $222m Series E funding round, to give it firepower against US rival Nvidia.

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Graphcore's IPU rack
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