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Primeur live 2017-11-16

Exascale

Nyriad to demonstrate new supercomputer operating system for the Square Kilometre Array (SKA) precursor MWA telescope at SC17 ...

Nyriad names HPC Systems as Japanese distributor for GPU storage solution NSULATE at SC17 ...

Quantum computing

Engineering of a Swedish quantum computer set to start ...

Focus on Europe

Who will follow JUQUEEN to the throne? Atos and ParTec selected as industrial partners for the successor of the Jülich supercomputer ...

Middleware

WekaIO and the San Diego Supercomputer Center partner on high performance I/O ...

Altair and Quanta Cloud Technology collaborate to bring customer value to the HPC Market ...

Human Genetics Centre at University of Oxford deploys Univa solutions ...

Hardware

CoolIT Systems selected for largest data centre deployment in company history with non-disclosed U.S. customer ...

RSC showcases a new generation of RSC Tornado and announces plans to join the Intel Select Solutions for HPC programme ...

Mellanox propels NetApp to new heights with 100Gb/s InfiniBand connectivity ...

Mellanox InfiniBand solutions to accelerate the world's next fastest supercomputers ...

DDN provides University of Tennessee's SimCenter with Big Data storage to support machine learning and data analytics ...

NEC launches LoRaWAN compliant network server ...

Huawei showcases new-generation FusionServer V5 high-performance servers at SC17 ...

Asetek receives order from Fujitsu to cool Japan's fastest AI supercomputer system ...

BOXX introduces AMD EPYC Deep Learning server and other solutions at SC17 ...

Microsemi announces Adaptec smart storage adapter support for Cavium ThunderX2 ARM-based CPUs ...

GIGABYTE announces production availability of Cavium's ThunderX2-based server portfolio ...

Ingrasys announces production systems based on Cavium's ThunderX2 processor ...

TYAN and Nyriad announce first GPU-accelerated storage server solution for ultra-dense storage ...

Netlist, Nyriad and TYAN to accelerate the adoption of NVDIMMs and GPUs for storage ...

Applications

Researchers create largest, longest multiphysics earthquake simulation to date ...

TOP500

D.A.V.I.D.E. supercomputer, developed by E4 Computer Engineering and installed at CINECA, ranked on November TOP500 and Green500 lists ...

InfiniBand accelerates 77 percent of new high-performance computing systems on TOP500 supercomputer list ...

NEC supplies TOP500 supercomputer to Johannes Gutenberg University Mainz in Germany ...

Inspur takes the Top 3 vendor share of TOP500 supercomputers ...

The Cloud

Cirrascale Cloud Services offers AMD EPYC-powered Cloud servers for GPU accelerated applications ...

Company news

Sequoia backs Graphcore as the future of Artificial Intelligence processors ...

Sequoia backs Graphcore as the future of Artificial Intelligence processors

13 Nov 2017 Bristol - Graphcore has announced a $50 million Series C funding round by Sequoia Capital as the machine intelligence company prepares to ship its first Intelligence Processing Unit (IPU) products to early access customers at the start of 2018.

The Series C round enables Graphcore to significantly accelerate growth to meet the expected global demand for its machine intelligence processor. The funding will be dedicated to scaling up production, building a community of developers around the Poplar software platform, driving Graphcore's extended product roadmap, and investing in its Palo Alto-based US team to help support customers.

Nigel Toon, CEO at Graphcore, stated: "Efficient AI processing power is rapidly becoming the most sought-after resource in the technological world. We believe our IPU technology will become the worldwide standard for machine intelligence compute. The performance of Graphcore's processor, compared to other accelerators, is going to be transformative, whether you are a medical researcher, roboticist, online marketplace, social network or building autonomous vehicles."

"At Graphcore, we are focused on building a successful, enduring company that can serve the needs of all of those communities, over the long term. Sequoia has a deep understanding of what it takes to scale and build a successful business and we are looking forward to a long partnership with them."

Matt Miller, partner at Sequoia, who will join the Graphcore board of directors, stated: "Machine intelligence will cause an explosion of new applications and services that will transform every industry. The unique nature of this workload and scale of this opportunity creates an opening where a valuable new chip company can be created. We believe Graphcore's product architecture, team and early market interest make it the best positioned new entrant in this market. We look forward to helping them build a large and enduring company."

Last month, Graphcore shared preliminary benchmarks demonstrating that its IPU can improve performance of machine intelligence training and inference workloads by 10x to 100x compared with current hardware. One test showed that a developer could use eight IPU PCIe cards to run a training model in the same amount of time as 128 GPU cards.

Such advances in performance enable developers to run existing machine intelligence models orders of magnitude faster, using orders of magnitude less power. More importantly, the IPU's unique architecture and efficiencies will enable researchers to undertake entirely new types of work, which are simply not possible with current hardware. In turn, these will drive the next great breakthroughs in general machine intelligence.

Graphcore's understanding of machine intelligence hardware requirements comes from its close partnerships with the AI community - across academia, institutions and corporations. Graphcore has already attracted investments from many of the biggest names in machine intelligence including Demis Hassabis, co-founder of DeepMind, Zoubin Ghahramani of Cambridge University and Chief Scientist at Uber and Pieter Abbeel, Greg Brockman, Scott Grey and Ilya Sutskever, from OpenAI.

The Series C round has full support from existing investors: Amadeus Capital Partners, Atomico, Robert Bosch Venture Capital, C4 Ventures, Dell Technologies Capital, Draper Esprit, Foundation Capital, Pitango Venture Capital and Samsung Catalyst Fund.

Sequoia partner, Matt Miller, will join Graphcore's board of directors and Bill Coughran, partner at Sequoia, will join Graphcore's technical advisory board.

Source: Graphcore

Back to Table of contents

Primeur live 2017-11-16

Exascale

Nyriad to demonstrate new supercomputer operating system for the Square Kilometre Array (SKA) precursor MWA telescope at SC17 ...

Nyriad names HPC Systems as Japanese distributor for GPU storage solution NSULATE at SC17 ...

Quantum computing

Engineering of a Swedish quantum computer set to start ...

Focus on Europe

Who will follow JUQUEEN to the throne? Atos and ParTec selected as industrial partners for the successor of the Jülich supercomputer ...

Middleware

WekaIO and the San Diego Supercomputer Center partner on high performance I/O ...

Altair and Quanta Cloud Technology collaborate to bring customer value to the HPC Market ...

Human Genetics Centre at University of Oxford deploys Univa solutions ...

Hardware

CoolIT Systems selected for largest data centre deployment in company history with non-disclosed U.S. customer ...

RSC showcases a new generation of RSC Tornado and announces plans to join the Intel Select Solutions for HPC programme ...

Mellanox propels NetApp to new heights with 100Gb/s InfiniBand connectivity ...

Mellanox InfiniBand solutions to accelerate the world's next fastest supercomputers ...

DDN provides University of Tennessee's SimCenter with Big Data storage to support machine learning and data analytics ...

NEC launches LoRaWAN compliant network server ...

Huawei showcases new-generation FusionServer V5 high-performance servers at SC17 ...

Asetek receives order from Fujitsu to cool Japan's fastest AI supercomputer system ...

BOXX introduces AMD EPYC Deep Learning server and other solutions at SC17 ...

Microsemi announces Adaptec smart storage adapter support for Cavium ThunderX2 ARM-based CPUs ...

GIGABYTE announces production availability of Cavium's ThunderX2-based server portfolio ...

Ingrasys announces production systems based on Cavium's ThunderX2 processor ...

TYAN and Nyriad announce first GPU-accelerated storage server solution for ultra-dense storage ...

Netlist, Nyriad and TYAN to accelerate the adoption of NVDIMMs and GPUs for storage ...

Applications

Researchers create largest, longest multiphysics earthquake simulation to date ...

TOP500

D.A.V.I.D.E. supercomputer, developed by E4 Computer Engineering and installed at CINECA, ranked on November TOP500 and Green500 lists ...

InfiniBand accelerates 77 percent of new high-performance computing systems on TOP500 supercomputer list ...

NEC supplies TOP500 supercomputer to Johannes Gutenberg University Mainz in Germany ...

Inspur takes the Top 3 vendor share of TOP500 supercomputers ...

The Cloud

Cirrascale Cloud Services offers AMD EPYC-powered Cloud servers for GPU accelerated applications ...

Company news

Sequoia backs Graphcore as the future of Artificial Intelligence processors ...