BMW i Ventures Announces Strategic Investment In Graphcore

BMW i Ventures has announced a strategic investment in Graphcore, a company creating a new kind of computer processor and software developed for machine intelligence.

Since you can actually founding couple of years back, Graphcore assists innovators create next-generation machine intelligence solutions. Graphcore’s Intelligence Processing Unit (IPU) may be the first processor for being specifically designed for Machine Intelligence and delivers higher speeds in comparison to conventional hardware.

“The versatility of Graphcore’s IPU C which assists multiple machine learning techniques with high efficiency C is well-suited for any range of applications from intelligent voice assistants to self-driving vehicles,” said Tobias Jahn, Principal at BMW i Ventures.

“With the freedom to utilize the identical processor in a knowledge center along with a vehicle, Graphcore’s IPU also is the prospects for reductions in development times and complexity.”

The investment from BMW i Ventures is a further step towards fulfilling the firm’s ambition to develop a world technology company, centered on this new and fast-growing machine intelligence market.

Through its previous investments during the fields of e-mobility, navigation, parking, car sharing and intermodality, BMW i Ventures has applied for strategic partnerships with innovative providers like?Scoop,?Zirx,?RiceCell,?Chargepoint,?Life360,?Moovit, JustPark,?DSP Concepts,?Chargemaster,?Zendrive,?Rever Moto,?STRIVR,?Desktop Metal,?,?Proterra,?Xometry,?Caroobi,?GaN Systems, Shift,?May Mobility, Blackmore Sensors and Analytics, Vera, Mapillary and Claroty.

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