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Thursday, 23 November 2023

Graphcore lays off most of its staff in China and discontinues sales in the country, citing US export rules; China made up 20% to 25% of Graphcore's business (Bloomberg)

Bloomberg:
Graphcore lays off most of its staff in China and discontinues sales in the country, citing US export rules; China made up 20% to 25% of Graphcore's business  —  - British AI unicorn startup cuts most of its staff in China  — Company recently shared that it needs funds to keep operating



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