Sequoia Backs Graphcore as the Future of AI Processors

Matt Miller, partner at Sequoia, who will join the Graphcore board of directors, said, “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.”