AI Startup Graphcore Raises $200 Million From BMW, Microsoft
This article is for subscribers only.
A U.K. startup that designs semiconductors used for artificial intelligence applications has raised $200 million from investors including BMW AG and Microsoft Corp.
Graphcore Ltd. is one of a number of companies trying to design a new class of chips that will be better at crunching the vast amount of data needed to make computers smarter. They argue that the processors that have defined the PC age -- made by Intel Corp. and Nvidia Corp. -- are not suited for this task, and more tailored solutions are needed to achieve the kind of speed up required.