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Graphcore vs Together AI

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Together AI is valued at $3.3B — more than 3x Graphcore's $500M.

Head-to-Head Verdict

Graphcore leads on 4 of 5 metrics

Graphcore

4 wins

-Valuation
+Funding
+Awaira Score
+Team Size
+Experience

Together AI

1 win

+Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Key Numbers

Valuation
$500M
$3.3B
Total Funding
$700M
$533.5M
Awaira Score
85/100
77/100
Employees
500-1000
100
Founded
2016
2022
Stage
Acquired
Series B
GraphcoreTogether AI
Winner
Graphcore logo
Graphcore

🇬🇧 United Kingdom · Nigel Toon

AcquiredAI InfrastructureEst. 2016

Valuation

$500M

Total Funding

$700M

Awaira Score85/100

500-1000 employees

Full Graphcore Profile →
Together AI logo
Together AI

🇺🇸 United States · Ce Zhang

Series BAI InfrastructureEst. 2022

Valuation

$3.3B

Total Funding

$533.5M

Awaira Score77/100

100 employees

Full Together AI Profile →
Market Context

Both companies compete in the AI Infrastructure space, though from different geographies — Graphcore in United Kingdom and Together AI in United States. Different stages (Acquired vs Series B) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

In the AI Infrastructure market, Graphcore and Together AI represent two distinct approaches. Graphcore designs the Intelligence Processing Unit, a processor architecture built specifically for machine learning workloads, offering a hardware alternative to NVIDIA GPUs for AI model training and inference. Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models.

Funding & Valuation

Together AI commands a $3.3B valuation — roughly 6.6x that of Graphcore at $500M, a gap that underscores their different scales. Graphcore has raised $700M while Together AI has raised $533.5M, keeping their war chests in the same ballpark.

Growth Stage

Together AI is the younger company by 6 years, having launched in 2022 compared to Graphcore's 2016 founding. Stage-wise, Graphcore is classified as Acquired and Together AI as Series B, reflecting divergent fundraising histories. On headcount, Graphcore reports 500-1000 employees and Together AI reports 100.

Geography & Outlook

Geography separates them: Graphcore in 🇬🇧 United Kingdom and Together AI in 🇺🇸 United States, each benefiting from local ecosystems. Graphcore holds a moderate edge on Awaira's composite score (85 vs. 77), driven by stronger fundamentals in funding and growth metrics. Under Nigel Toon and Ce Zhang respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Graphcore

Total Rounds3
Avg. Round Size$207.3M
Funding Span2.1 yrs

Together AI

Total Rounds3
Avg. Round Size$62M
Funding Span1.7 yrs

Funding History

Graphcore has completed 3 funding rounds, while Together AI has gone through 3. Graphcore's most recent round was a Series E of $222M, compared to Together AI's Series B ($104M). Graphcore is at Acquired while Together AI is at Series B — different points in their growth trajectory.

Team & Scale

Graphcore is significantly larger with about 500-1000 employees, compared to Together AI's 100. That's a 5x difference in headcount. Graphcore has a 6-year head start, founded in 2016 vs Together AI's 2022. Geographically, they're in different markets — Graphcore operates out of United Kingdom and Together AI from United States.

Metrics Comparison

MetricGraphcoreTogether AI
💰Valuation
$500M
$3.3BWINS
📈Total Funding
$700MWINS
$533.5M
📅Founded
2016
2022WINS
🚀Stage
Acquired
Series B
👥Employees
500-1000
100
🌍Country
United Kingdom
United States
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
85WINS
77

Key Differences

💰

Valuation gap: Together AI is valued 6.6x higher ($3.3B vs $500M)

📈

Funding gap: Graphcore has raised $166.5M more ($700M vs $533.5M)

📅

Market experience: Graphcore has 6 years more (founded 2016 vs 2022)

🚀

Growth stage: Graphcore is at Acquired vs Together AI at Series B

👥

Team size: Graphcore has 500-1000 employees vs Together AI's 100

🌍

Market base: 🇬🇧 Graphcore (United Kingdom) vs 🇺🇸 Together AI (United States)

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Awaira Score: Graphcore scores 85/100 vs Together AI's 77/100

Which Should You Choose?

Use these signals to make the right call

Graphcore logo

Choose Graphcore if…

Top Pick
  • Higher Awaira Score — 85/100 vs 77/100
  • Stronger investor backing — raised $700M
  • More market experience — founded in 2016
  • United Kingdom-based for regional compliance or proximity
  • Graphcore designs the Intelligence Processing Unit, a processor architecture built specifically for machine learning workloads, offering a hardware alternative to NVIDIA GPUs for AI model training and inference
Together AI logo

Choose Together AI if…

  • More established by valuation ($3.3B)
  • United States-based for regional compliance or proximity
  • Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models

Funding History

Graphcore raised $700M across 3 rounds. Together AI raised $533.5M across 3 rounds.

Graphcore

Series E

Dec 2020

Lead: Ontario Teachers' Pension Plan

$222M

Series D

Dec 2018

Lead: BMW iVentures

$200M

Series C

Nov 2018

Lead: Sequoia Capital

$200M

Together AI

Series B

Sep 2023

$104M

Series A

Jan 2023

$20M

Seed

Jan 2022

Investor Comparison

No shared investors detected between these two companies.

Unique to Graphcore

Ontario Teachers'Baillie GiffordDraper EspritOntario Teachers' Pension PlanBMW iVenturesSamsung

Unique to Together AI

Salesforce VenturesNvidiaKleiner PerkinsLerer HippeauSapphire Ventures

Users Also Compare

FAQ — Graphcore vs Together AI

Is Graphcore bigger than Together AI?
By valuation, Together AI is the larger company at $3.3B versus $500M — a 6.6x difference. Size can also be measured by team: Graphcore employs 500-1000 people while Together AI has 100 employees.
Which company raised more funding — Graphcore or Together AI?
Graphcore has raised more in total funding at $700M, compared to Together AI's $533.5M — a gap of $166.5M. Combined, the two companies have completed 6 known funding rounds.
Which company has a higher Awaira Score?
Graphcore leads with an Awaira Score of 85/100, while Together AI sits at 77/100. That 8-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Graphcore vs Together AI?
Graphcore was founded by Nigel Toon in 2016. Together AI was founded by Ce Zhang in 2022. Visit each company's profile on Awaira for a full founder biography.
What does Graphcore do vs Together AI?
Graphcore: Graphcore designs the Intelligence Processing Unit, a processor architecture built specifically for machine learning workloads, offering a hardware alternative to NVIDIA GPUs for AI model training and inference. The Bristol-based company developed the IPU around a bulk synchronous parallel computation model that distributes model parameters across thousands of processor cores with local memory, achieving high efficiency for sparse and irregular neural network computations that GPUs handle inefficiently.\n\nThe company raised approximately $700 million across six funding rounds including a Series E that valued it at approximately $2.8 billion, with investors including Sequoia Capital, Microsoft, and Samsung Ventures. Graphcore processors are deployed in research institutions including Oxford, Cambridge, and the Rosalind Franklin Institute, as well as commercial AI platforms. The company has shipped multiple IPU generations including the MK2 IPU and Bow IPU, with the Colossus processor and IPU-POD system providing data centre scale AI compute.\n\nGraphcore competes directly against NVIDIA in the AI accelerator market, alongside AMD, Intel Gaudi, and other AI chip startups including Cerebras, SambaNova, and Groq. The AI accelerator market is projected to exceed $100 billion by 2027, driven by demand for model training compute. Graphcore faces the dominant position of NVIDIA and its CUDA software ecosystem as the primary barrier to adoption, requiring significant software investment to match the maturity of CUDA tooling that researchers and engineers have relied on for over a decade. Together AI: Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models. The company operates a managed inference service and model hosting platform that enables developers and enterprises to run open-source and proprietary models at scale. Together AI's core offering allows customers to access GPU compute resources specifically optimized for LLM workloads without building infrastructure in-house. The company positions itself in the competitive inference and model deployment segment, competing with services like Replicate, Modal, and cloud providers' native ML offerings. Together AI emphasizes open-source model support and cost-efficient inference through optimized serving techniques. The platform supports popular models including Llama, Mistral, and other community-developed architectures. With $228 million in total funding and a $1.3 billion valuation as of its Series B stage, Together AI has secured substantial capital to expand its infrastructure and product capabilities. The company serves use cases spanning application development, research, and enterprise deployment scenarios. Its growth trajectory reflects increased demand for accessible LLM infrastructure alternatives to proprietary API providers, though the market remains highly competitive with low switching costs and commoditizing pricing dynamics. Together AI addresses the infrastructure gap for organizations seeking open-source LLM deployment alternatives to closed commercial APIs.
Which company was founded first?
Graphcore got there first, launching in 2016 — that's 6 years of extra runway. Together AI didn't arrive until 2022. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Graphcore has about 500-1000 employees; Together AI has about 100. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Graphcore and Together AI competitors?
Yes — they're direct rivals. Both Graphcore and Together AI compete in AI Infrastructure, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Graphcore edges ahead with an Awaira Score of 85, but Together AI (77) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Graphcore has a slight edge on paper, but Together AI isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive