![]() ![]() The scale of the AI compute opportunity longer term remains huge, and Graphcore is well placed to be a leading player. “The approach to revaluing has been and remains well measured, pricing in company-specific news flow as well as the performance of the public market peers and indices most relevant to each investment,” said James Budden, director of marketing and distribution at Baillie Gifford.Ī spokesperson from Graphcore told UKTN: “Graphcore is subject to the same macroeconomic factors that are affecting technology company valuations – public and private – around the world. The stacking problems at Graphcore have led key investor Baillie Gifford, which backed the company through its Schiehallion Fund, to write down its $16.6m investment from January to just $11.9m.Īccording to Business Insider, Baillie Gifford is not alone, with US venture capital firm Sequoia also writing down its stake in Graphcore. OPTION TWO Remove NVIDIA GPU Activity Notification Area Icon from Notification Icon 1 Right click or press and hold on the NVIDIA GPU Activity notification area icon on the taskbar to uncheck and remove it. It’s just a really, really tough challenge to move people’s attention away from that,” an investor said. “There’s a significant amount of concentration on Nvidia - people want to use their technology because it’s the safe bet. Details This section provides a summary of potential vulnerabilities that this security update addresses and their impact. According to The Times, investors have also suggested the company is struggling to compete with American chip giant and rival Nvidia. To protect your system, download and install this software update through the NVIDIA Driver Downloads page or, for the vGPU software update, through the NVIDIA Licensing Portal. ![]() Investors are reportedly unhappy with Graphcore’s revenues, which reached just £4.5m last year against a valuation of more than $2bn. The firm was one of many hit by the economic downturn in tech and beyond and last month it announced staff cuts. It has been considered among the most promising UK startups, becoming a unicorn in November 2017 and hitting a valuation of $2.8bn in December 2020.Īccording to The Times, Graphcore’s deal to supply Microsoft with processors for its cloud computing platform, first announced in 2019, has since been scrapped as problems at the chip startup mount. ![]() Bristol-based semiconductor company Graphcore has lost its deal with Microsoft and seen key investors write down their stakes.įounded in 2016 by Nigel Toon and Simon Knowles, Graphcore develops computer processors used in AI and machine learning. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |