UK-based AI chipmaker Graphcore scores $200 million in funding from BMW, Microsoft and others at a $1.7 billion valuation

Bristol, UK-based semiconductor company Graphcore has raised $200 million in a new equity funding round from investors including Atomico, Microsoft and BMW i Ventures, valuing the company at $1.5 billion pre-money (via FT).  Graphcore, which had raised roughly $100 million before this round, designs chips for for artificial intelligence applications and says it recently started […]