Last month, the UK government announced the home for its new exascale supercomputer, designed to give the country an edge in the global artificial intelligence race. The £900 million ($1.1 billion) project would be built in Bristol, a city in the west of England famed for its industrial heritage, and the machine itself would be named after the legendary local engineer, Isambard Kingdom Brunel.
The Brunel AI project should have been a big moment for another Bristolian export—Graphcore, one of the UK’s only large-scale chipmakers specializing in designing hardware for AI. Valued at $2.5 billion after its last funding round in 2020, the company is trying to offer an alternative
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