https://tech.newstatesman.com/hardware/competition-ai-chip-sector

Just as the market for AI platforms is heating up, so is competition in the AI chip space. And it isn’t only the large well-established competitors such as Nvidia, Google and Huawei vying for market share. New players are looking to join the fray as well, and they are raising impressive amounts of capital.

Untether, a Toronto-based chip manufacturing start-up, announced in early November that it had raised $20m (£15.6m) in series A funding. The one year old company plans to release a chip designed for AI inference using near-memory design, reducing the distance data must travel, thereby moving data to processors at 2.5 petabits per second, which improves overall processing efficiency. Across the pond, Graphcore, a British business, has raised a substantial $200m (£156m) to develop its Intelligence Processing Units (IPUs), parallel processors designed for machine learning.