Graphcore, the U.K.-based startup that launched the Intelligence Processing Unit (IPU) for AI acceleration in 2018, has introduced the IPU-Machine. This second-generation platform has greater processing power, more memory and built-in scalability for handling extremely large parallel processing workloads. The well-funded startup has a blue-ribbon pedigree of engineers, advisers and investors, and enjoys a valuation approaching $2 billion. Its first-generation hardware is now available on the Microsoft Azure cloud as well as in Dell-EMC servers. Both companies are investors. Graphcore is now betting its future on this second-generation platform, a plug-and-play building block for massive scalability that is currently unique in the industry.
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