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Founded Year

2016

Stage

Incubator/Accelerator | Alive

Total Raised

$682M

Revenue

$0000 

About Graphcore

Graphcore provides artificial intelligence (AI) systems and services for organizations to build, train, and deploy models in the cloud using infrastructure processing unit (IPU) hardware. It offers products such as cloud infrastructure processing units, data center infrastructure processing units, bow infrastructure processing units, and more. The company serves the finance, biotechnology, scientific research, and consumer internet sectors. It was founded in 2016 and is based in Bristol, United Kingdom.

Headquarters Location

11-19 Wine Street

Bristol, England, BS1 2PH,

United Kingdom

+44 (0) 117 214 1420

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ESPs containing Graphcore

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Cloud Computing

The in-memory data store market is a solution for businesses looking to store and process large amounts of data more quickly and efficiently. In-memory data stores use random access memory (RAM) to store data, rather than traditional disk-based storage. This allows for faster data access and retrieval times, which can significantly improve the performance of applications and systems. In-memory dat…

Graphcore named as Challenger among 15 other companies, including Databricks, ThoughtSpot, and Anyscale.

Graphcore's Products & Differentiators

    IPU

    IPU

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Research containing Graphcore

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Graphcore in 3 CB Insights research briefs, most recently on Jul 6, 2023.

Expert Collections containing Graphcore

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Graphcore is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,228 items

A

AI 100

499 items

Winners of CB Insights' annual AI 100, a list of the 100 most promising AI startups in the world.

G

Game Changers 2018

70 items

A

Artificial Intelligence

10,958 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

Graphcore Patents

Graphcore has filed 188 patents.

The 3 most popular patent topics include:

  • parallel computing
  • microcontrollers
  • instruction processing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/30/2022

11/21/2023

Binary arithmetic, Computer arithmetic, Data management, Data types, Computer memory

Grant

Application Date

8/30/2022

Grant Date

11/21/2023

Title

Related Topics

Binary arithmetic, Computer arithmetic, Data management, Data types, Computer memory

Status

Grant

Latest Graphcore News

Graphcore Withdraws from China Due to the Impact of US Export Controls

Nov 23, 2023

Pandaily Add to FavoritesAdded to Favorites On November 23rd, Graphcore , the AI chip unicorn known as ‘British Nvidia’, faced another setback. The company will lay off most of its Chinese employees and halt sales in China. Graphcore has confirmed its decision to cease sales in China, citing the recent export control regulations imposed by the United States as a reason for restricting the company’s technology sales to China. ‘Unfortunately, this means we will significantly reduce our business in China,’ said a Graphcore spokesperson in an email, without disclosing the number of affected employees. Prior to this, Graphcore CEO Nigel Toon regarded China as a potential growth market, especially after Nvidia’s sales were restricted in China. In October of this year, Toon stated at the Bloomberg Technology Conference held in London that sales from China could account for ‘20% to 25%’ of his company’s business. Graphcore was founded in 2016 and specializes in designing semiconductors that support AI software. However, now Graphcore is facing difficulties. The company’s latest filings show a 46% decrease in revenue and an 11% increase in losses to $204.6 million in 2022. In October of last year, Graphcore disclosed the need to raise funds to sustain its operations. Since then, Graphcore has not announced any financing news.

Graphcore Frequently Asked Questions (FAQ)

  • When was Graphcore founded?

    Graphcore was founded in 2016.

  • Where is Graphcore's headquarters?

    Graphcore's headquarters is located at 11-19 Wine Street, Bristol.

  • What is Graphcore's latest funding round?

    Graphcore's latest funding round is Incubator/Accelerator.

  • How much did Graphcore raise?

    Graphcore raised a total of $682M.

  • Who are the investors of Graphcore?

    Investors of Graphcore include Tech Nation Future Fifty, Molten Ventures, Baillie Gifford, Ontario Teachers', Schroders and 28 more.

  • Who are Graphcore's competitors?

    Competitors of Graphcore include TensTorrent, ChipIntelli, Intellifusion, Mythic, ArchiTek and 7 more.

  • What products does Graphcore offer?

    Graphcore's products include IPU.

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