Rishi Sunak’s bet that Britain can prosper from AI requires a new approach
GPU
“Compute is not like oil,” notes the techie. “You can call Amazon and rent it. It’s a problem that money solves in perfectly continuous increments. It’s not this magical thing that if you don’t buy it you can’t have,” he says. Some companies do exactly this. The boss of Stability, Emad Mostaque, says his firm in London trains its models on on Amazon’sThe trouble is that Stability’s behaviour is more exception than rule.
Unsurprisingly, he also wants the new supercomputer in Edinburgh to favour British suppliers like his firm. The hour grows late, though. Sequoia, one of Graphcore’s biggest investors, wrote down the value of its stake to zero in April. Meta, another American tech giant, has already scooped up some of the Graphcore team. The Bristol firm has plenty of cash in the bank, but desperately needs to get its chips into data centres.
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