Cirrascale Cloud Services® and Graphcore® Announce Availability of Graphcloud for Machine Intelligence
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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 learning to reach new large-scale commercial deployments with some of the most exciting Fortune 500 companies SAN DIEGO (PRWEB) January 25, 2021
Cirrascale Cloud Services®, a premier cloud services provider of deep learning infrastructure solutions for autonomous vehicle, Natural Language Processing (NLP) and computer vision workflows, today announced the availability of its Graphcloud platform. The massively scalable AI c
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 SBO s launch when one of our holdings was bid for - a first for the portfolio. Calisen, a provider of energy meters and metering systems, received an offer from Coyote Bidco (a consortium consisting of investors including BlackRock Alternatives Management and Mubadala Investment Company) that was c.26% above the previous day s closing share price. Calisen s directors and KKR owned c.73% of the company and voted in favour of the deal; as such we believed limited acceptance would be required from the remaining shareholders to obtain
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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 needs of current and next-generation artificial intelligence applications. The investment from this funding round will be used to support the company s continued global expansion and to further accelerate future IPU silicon, systems and software development, the company said.
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
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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 learning, has announced it raised as much as $222 million in a Series E funding round. The company called this funding a “pre-IPO” round as there are rumors that it may go public soon. Graphcore will use the money to expand globally and further accelerate future IPU silicon, systems, and software development.