Page 3 - Intelligence Processing Unit News Today

    This is the first quarterly shareholder update since the initial public offering ("IPO") of Schroder British Opportunities Trust plc (the "Company", or "SBO") on 1 December 2020, and we are delighted to provide the below commentary from the Companys Portfolio Managers.       At the end of March, the Company received external recognition and was awarded the Most Exciting Investment Company IPO accolade at the ADVFN International Financial Award...

Graphcore and Cirrascale announce Graphcloud Graphcore has announced the next step in what it describes as its commitment to help customers accelerate their innovation and harness the power of AI at scale. In co-operation with Cirrascale Cloud Services, Graphcore is making available its Mk2 IPU-POD scale-out cluster, offering a simple way to add compute capacity on-demand, without the need to own and operate a datacentre. When it comes to AI there are a unique set of co...

Cirrascale Cloud Services® and Graphcore® Announce Availability of Graphcloud for Machine Intelligence Share Article Graphcloud enables customers to test and deploy their AI application on IPU systems without initial hardware investment and can easily integrate with existing hyperscale cloud providers for an optimal multi-cloud environment. GRAPHCLOUD Cirrascale is very proud of its strategic collaboration with Graphcore, which has further driven the era of cloud-based solutions for machine l...

    Given the news towards the end of Q4 2020 of a number of successful COVID-19 vaccine discoveries, followed by expectations of an immediate rollout of a vaccination programme, and probable clarity around Brexit negotiations, we got to work quickly in early December to invest.  Our belief that the small and mid-cap segment of the UK public equity market offers investment potential was corroborated within the first two weeks of SBOs launch when one of our holdings was bid ...

29 December 2020 | 08:56am StockMarketWire.com - Schroder British Opportunities Trust said it had invested into Graphcore, a machine intelligence semiconductor business, as part of a $222 million Series E funding round alongside Ontario Teachers Pension Plan, Fidelity International and existing Graphcore investors. Bristol-based Graphcore was founded in 2016 and had developed the Intelligence Processing Unit, a new type of microprocessor specifically designed from the ground up to meet the need...

AI Chipmaker Graphcore Raises $222M in Series E Funding Round, May Go for IPO Dec 29 2020 · 12:25 UTC by Daria Rud · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. With the money from Series E Round, the total funds raised by Graphcore total over $710 million. The company is expecting to have over $440 million of cash on hand post-closing to support future growth. Graphcore, a UK-based semiconductor company that develops accelerators for AI and machine le...

AI chipmaker Graphcore raises $222M at a $2.77B valuation and puts an IPO in its sights Applications based on artificial intelligence — whether they are systems running autonomous services, platforms being used in drug development or to predict the spread of a virus, traffic management for 5G networks or something else altogether — require an unprecedented amount of computing power to run. And today, one of the big names in the world of designing and building processors fit for the task has...

Huawei and top Chinese AI startup accused of building Uyghur alarm facial recognition scanner for govt Plus: Graphcore pits its latest AI chips against Nvidias A100, and Google CEO apologises for ousting a top AI ethics researcher Katyanna Quach Sat 12 Dec 2020 // 11:02 UTC Share Copy In brief Huawei, already sanctioned by the US for helping the Chinese government crack down on Uyghur muslims, built facial recognition software to surveil the ethnic group and alert author...