Graphcore raises $50M amid a flurry of AI chip activity

 While some of the largest chip manufacturers are looking to shift their focus onto the GPU for their biggest machine learnings, there’s a blooming ecosystem of new chip startups looking to rethink the way processing for AI works That includes a European-based startup called Graphcore, which said today that it has raised $50 million in new financing led by Sequoia Capital — following… Read More