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Graphcore CEO Touts 'Most Complex Processor' EverBy Sally Ward-Foxton, EETimes Graphcore (Bristol, UK), has developed a new type of processor for AI acceleration called the intelligence processing unit (IPU). Launched with VC backing in 2016, the company raised $200 million at its last funding round in December 2018, based on a company valuation of $1.7 billion, making Graphcore the only Western semiconductor “unicorn.” Investors include Dell, Bosch, BMW, Microsoft, and Samsung. EETimes spoke to Nigel Toon, Graphcore CEO, about the company and its vision, the market for AI accelerators, and the future of AI.
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