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Graphcore Series E Funding: $710m Total, $440m Cash-in-Hand
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Graphcore Series E Funding: $710m Total, $440m Cash-in-Hand
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5th January 2021, 05:07
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 149,058
 |  Graphcore Series E Funding: $710m Total, $440m Cash-in-Hand For those that aren’t following the AI industry, one of the key metrics to observe for a number of these AI semiconductor startups is the amount of funding they are able to generate. While funding is no explicit guarantee of success, it does indicate perhaps how much faith the venture capitalists (as well as OEMs and other silicon vendors) have in the technology. One of the most well-funded ventures in this space is Graphcore, and the company just announced its latest Series E funding round of $222 million, taking it to $710m total across the five rounds. https://www.anandtech.com/show/16346...40m-cashinhand |
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