According to foreign media (cnbc), a company that produces AI chips, Graphcore, raised $30 million in funding. These funds will help it compete with traditional tycoons Intel and Nvidia in the future chip field.
The British company plans to ship on a large scale next year, and its chips will be used for driverless cars and cloud computing. Machine learning techniques are used in these areas, and there is a large demand for machine learning operations.
Graphcore said that regardless of the speed of AI learning or energy consumption, its chips are 100 times ahead of similar products in the market.
In the moment, graphics processing units (GPUs) are often used to run machine learning programs. Graphcore CEO Nigel Toon said that this is only an expedient measure for the industry and is not suitable for future AI computing needs.
Toon said in a telephone interview on Monday: "The GPU is designed to run a complete program, and machine learning is completely different. The latter is the process of constantly training the program to use the data, requiring a completely different type of processor." Graphcore A new Intelligent Processing Unit (IPU) system is currently being built and is scheduled for launch in 2017.
(Photo: On September 13, 2016, Uber showed off its self-driving car in Pittsburgh. Graphcore's AI chips will be used in autonomous vehicles and cloud computing.)
The investors in this financing are led by Robert Bosch Venture Capital, which also includes Samsung, venture capital firms Amadeus Capital Partners, C4 Ventures, Draper Esprit, FoundaTIon Capital and Pitango Venture Capital.
In the past two years, Graphcore has been working on AI chip technology. Toon claims that its technology can help reduce costs and increase efficiency. Toon gives a case of a social media company. The user activity of social networks is usually the most prominent at some time. Graphcore's IPU system will wait for the AI ​​training with idle processor resources when the user activity is low. Two days in time to launch new content.
According to marketing intelligence company TracTIca, the depth learning market has great potential. Its construction spending was $436 million in 2015 and will grow to $41.5 billion by 2024. Currently the market is dominated by Intel and Nvidia. The two companies introduced new processors designed specifically for AI programs earlier this year.
In the initial phase of the business, Graphcore's main goal is to sell products to companies interested in training AI systems. However, Graphcore also said it has been discussing the next round of product applications with strategic investors.
“We have Bosch and Samsung as strategic investors. Bosch is interested in autonomous vehicles and new transportation, while Samsung is interested in next-generation network equipment,†Toon said. “We are negotiating with our partners on these projects.â€
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