Graphcore

London fails to retain Atlassian as it heads stateside in search of a ‘broader set’ of investors

Despite multiple overtures by the British government to woo tech companies and keep the largest ones from defecting to the U.S., the latest example of the failure of this policy comes with the news th

Temasek’s Pavilion Capital backs South Korean AI chip maker Rebellions with $50M investment

Global venture capital firms are pouring money into the semiconductor startups developing the next generation of chips. Semiconductors, which have become a valued asset, are used in virtually almost e

Mayfair Equity Partners aquires UK adtech platform LoopMe for $120M

Founded back in 2012, the LoopMe adtech/martech startup focused on brand-based mobile advertising, using AI to deliver measurable outcomes for its users. At its height, it had raised $25 million equit

Draper Esprit cuts the legacy name apron strings to rebrand as Molten Ventures

Draper Esprit, Europe’s only stock market-listed tech VC firm, is changing its name to Molten Ventures after a change in senior personnel and an increasingly distant relationship with the U.S. VC ne

xentral, an ERP platform for SMBs, raises $75M Series B from Tiger Global and Meritech

Enterprise Resource Planning systems have traditionally been the preserve of larger companies, but in recent years the amount of data small to medium-sized businesses can generate has increased to the

SambaNova raises $676M at a $5.1B valuation to double down on cloud-based AI software for enterprises

Artificial intelligence technology holds a huge amount of promise for enterprises — as a tool to process and understand their data more efficiently; as a way to leapfrog into new kinds of servic

7 things we just learned about Sequoia’s European expansion plans

Sequoia Capital, the renowned Silicon Valley venture capital firm that has backed companies like Apple, Google, Dropbox, Airbnb and Stripe, recently disclosed that it had opened its first office in Eu

Graphcore unveils new GC200 chip and the expandable M2000 IPU Machine that runs on them

There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better

C4 Ventures raises $88M fund for post-Series A startups, in a post-COVID-19 world

C4 Ventures, the Paris-based VC, has raised a new €80 million ($88 million) “Fund II.” The fund was founded by Pascal Cagni, a former Europe boss of Apple, and includes co-founder Raph Croua

Deliveroo, Graphcore and other big UK startups say they’re being cut out of COVID-19 lending relief

The U.K. government, like a number of other countries around the world such as the U.S., has stepped up its pace in providing relief in the form of loans for businesses being impacted by the coronavir

Graphcore, the AI chipmaker, raises another $150M at a $1.95B valuation

The U.K. has a strong history when it comes to processors, but the global chip market has seen some ups and downs of late. Today comes some big news that underscores how investors are doubling down on

Nvidia’s Q4 financials look to brighter skies with strong quarterly revenue growth

Major artificial intelligence and graphics chipmaker Nvidia reported its 2020 Q4 financials today (the company’s fiscal quarter ends on January 26th, 2020). The company announced revenues of $3.11 b

Top mobility VCs discuss their current investment strategies

The mobility industry is rapidly shifting to readjust for an electric and autonomous future. Automotive companies are increasingly looking outside the manufacturing sector to fuel growth, and companie

Graphcore founder Nigel Toon to talk about AI chips at Disrupt Berlin

It’s easy to forget that Silicon Valley starts with ‘silicon’, and that there would be no technology innovation without innovation at the silicon level. And Graphcore is well aware of that as th

When will customers start buying all those AI chips?

It’s the best and worst time to be in semiconductors right now. Silicon Valley investors are once again owning up to their namesakes and taking a deep interest in next-generation silicon, with leadi

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment ho

Mythic nets $40M to create a new breed of efficient AI-focused hardware

Another huge financing round is coming in for an AI company today, this time for a startup called Mythic getting a fresh $40 million as it appears massive deals are closing left and right in the secto

The red-hot AI hardware space gets even hotter with $56M for a startup called SambaNova Systems

Another massive financing round for an AI chip company is coming in today, this time for SambaNova Systems — a startup founded by a pair of Stanford professors and a longtime chip company executive

The AI chip startup explosion is already here

All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential

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 rethi
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