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BTC and Altcoin Pay is Growing Fast, Says Crypto Payment Firm BitPay – Cryptonews

Source: Adobe/Wit (edited by Cryptonews)

Atlanta-based crypto pay service provider BitPay says that bitcoin (BTC) and altcoin payments are on the rise with the number of transactions on its platform growing by 4.6% in June.

Per data released by the firm, 107,000 crypto pay transactions were completed on BitPay in June, a new record high for the year.

Data shows that with the exception of March the most recent crypto crash, where BTC prices temporarily dropped below USD 4,000 transaction volumes have continued to climb, with over 100,000 per month since April, after ending 2019 with less than 90,000 transactions per month.

The company was founded in May 2011 and also operates the Copay corporate crypto pay platform.

Unsurprisingly, most of BitPays customers have been using BTC for payments, although the tokens dominance has waned very slightly in the past few months, dipping from over 92% at the start of the year to just over 89% in June. And while bitcoin cash (BCH) was the pick of the altcoins in January, that title now belongs to ethereum (ETH), with almost 4%.

The firm also claims that it is ahead of its closest rival, Blockchain. The latter has almost 22% of the market share, with BitPay claiming just shy of 38%.

So what do the companys customers spend their bitcoin and altcoins on? The companys data shows that the lions share is taken up by financial and internet services, which, combined, account for just under half of the total payments.

Over 12% of customers spend their tokens on prepaid cards, with a significant minority paying VPN fees in crypto and a few even paying their (4%) mortgages and bank fees in BTC and altcoins.

BitPay recently hit the headlines in its native United States when it partnered with American congressman Tom Emmer allowing the politician to accept crypto donations via its platform.

In a recent video interview, BitPay CEO Stephen Pair claimed that American car dealerships were also on its client list as well as Virgin Galactic, Sir Richard Bransons commercial space flight project.

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BTC and Altcoin Pay is Growing Fast, Says Crypto Payment Firm BitPay - Cryptonews

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This Will Hold Altcoin Until It Reaches $ 100 Thousand – Somag News

Trader and analyst Josh Rager, one of the important names in the cryptocurrency community, shared his predictions about some altcoins. Josh Rager stated that he will hold the recently notable DeFi cryptocurrency yearn.finance (YFI) until it hits $ 100,000.

Popular analyst Josh Rager said on the matter:

When I was around 2,500 dollars, I made three YFI investments. The two were sold very early. Their value may now be close to 50 thousand US dollars. But I got one and I wont sell it until its over $ 100,000. Its highest level so far is over $ 16,100.

https://twitter.com/Josh_Rager/status/1296465347051245568

Rager continued his explanations regarding YFI. According to Rager, YFI outperforms Bitcoin:

I think 1YFI is equal to 1 BTC. Imagine that you bought Bitcoin for $ 2,000 a month ago, and its now worth $ 12,000. Everyone dies for this opportunity. And yes YFI did that.

Learn.finance (YFI), one of the popular cryptocurrencies of the DeFi (decentralized finance) world, has attracted the attention of investors as it has been the scene of significant increases for a long time. The number of people who provide many services and lenders in the cryptocurrency world is spreading to more and more people. Yearn.finance serves exactly this audience. Because yearn.finance users have the opportunity to use the DeFi network effectively by using this product. yearn.finance automatically tells investors how much revenue can be earned from which project and how much transaction fee will be charged for which project.

According to the data obtained from CoinMarketCap, YFI was trading at $ 13,950 at the time of writing. The DeFi cryptocurrency has dropped 7% in the past 24 hours. As we previously reported, YFI had a significant success as the first altcoin to surpass Bitcoin in terms of price. Analysts now think the YFI will continue this rise. However, there are also analysts who are pessimistic about this issue. Despite this rise of YFI, some people state that there is still a large risk of devaluation.

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This Will Hold Altcoin Until It Reaches $ 100 Thousand - Somag News

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Analyst Explains Anatomy Of An Altcoin Shakeout With BATs Vertical Rally – newsBTC

Technical analysis is an important aspect of investing and even more important to trading. It isnt an exact science, but it can help to increase probabilities by watching for chart patterns on altcoins like Ethereum, Cardano, BAT, Binance Coin, and others.

But not all chart patterns have names or follow geometrical shapes. Some moves are designed to be erratic specifically to confuse and ultimately shake traders out of positions. One crypto analyst who offers the community wealth of trading tips has outlined the exact anatomy of an altcoin shakeout, using the cryptocurrency BAT.

Financial markets are whale and shark-filled waters ready to devour new investors and traders and tear apart their hopes, dreams, and capital.

Investing in cryptocurrencies can be a wild ride. Trading is an entirely different story. Yes, with time, skill, and patience, money can be made, but it is far more difficult than it looks.

Still, some make it look easy, and are in a position to educate others. One such crypto analyst with a wealth of knowledge shared for free on his pinned Twitter threads has recently shared what they call an anatomy of a shakeout in altcoin BAT.

Related Reading | Will An Ascending Trendline Bring a Return of Altcoin Apocalypse?

The asset recently pumped, but not before a fake out move down to, as the analyst says, shake traders out of position. As the trader explains, before the big move is about to happen, low timeframe price action becomes erratic. This is when you may see those dreaded Darth Maul candles or Bart moves. This causes people to start second-guessing their position.

Next, price nukes as the crypto community calls it, causing panic selling and positions to get flushed. Just as stops are hit, and fear starts to take hold in the unprepared, price rockets higher through former support and then through resistance, full send.

This shakeout is exactly what happened on the BATBTC trading pair over the last 48 hours, prompting a full 40% rise in USD value. But why is BAT suddenly spiking?

The great crypto capital rotation also called an altcoin season, is still on. BAT just so happened to be among the last assets to pump. Those that have come last have also pumped the hardest.

Related Reading | Easy Money? Coinbase Crypto Coins Grow Over 50% On Average In August

BAT, OMG, and other older crypto coins recently exploded in value over the last two days, for no real reason other than it was their time to break out.

What little money was coming in, was enough to push price action through resistance and cause a wave of FOMO.

BAT was also among the list of Coinbase crypto tokens that performed the worst out of the over 57% average return, with just 5%. The recent pump in Basic Attention Token has brought the asset much more on par with the rest of the crypto tokens that were part of that previous figure.

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Analyst Explains Anatomy Of An Altcoin Shakeout With BATs Vertical Rally - newsBTC

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Expand your mind with access to over 1,000 lectures from Tim Ferriss, Malcolm Gladwell, and more – MarketWatch

MarketWatch has highlighted these products and services because we think readers will find them useful. This content is independent of the MarketWatch newsroom and we may receive a commission if you buy products through links in this article.

Whether you consider yourself a generalist or a specialist, chances are youve questioned which is better. Its also likely you didnt find a definitive answer, and according to research by the Harvard Business Review theres a good reason for that. As it turns out, generalists and specialists shine in different ways in different fields and at different stages of innovation within a field so neither is really objectively better than the other.

In fields that dont change much or during times when innovation is stagnant generalists have an advantage in creativity and productivity thanks to their ability to synthesize ideas from different disciplines. But in fields that change faster or happen to be experiencing somewhat rapid innovation already, specialists have a clear advantage. In these scenarios, its harder for generalists to keep up with the changing status quo let alone improve on it.

Regardless of which category you fit into, theres good news your creativity and productivity arent set in stone. As the Harvard Business Review finds, there are two types of capabilities that can be improved to deliver better creative performance: the ability to connect ideas across subject areas and the ability to efficiently build on progress in your field and seize opportunities emerging at the frontier.

Even better news? The MarketWatch Shop has a deal on something that can help you do both of those things. Right now you can enjoy up to 53% off a subscription to Big Think Edge, a lecture platform featuring the insights of countless world-renowned experts such as Tim Ferriss and Malcolm Gladwell. Its the perfect way to power up your personal and professional life ASAP.

Big Think Edge has a collection of over 1,000 lectures from 150 experts; were talking Ivy League professionals, Nobel Prize winners, and Big Thinkers like Elon Musk, Arianna Huffington, Bill Nye, and Bryan Cranston. All specialists in their fields, so you can go deep in the industry youre already in and become more of a specialist, add new skills to become a well-rounded generalist, or both.

The lessons are all about actionable insights, not theory, so youll come out of each one with real takeaways you can apply at work and in life. Videos span topics like forming habits, improving your focus, learning how to learn, design thinking, presentation techniques, having difficult conversations, personal branding, mentoring, team-building, and more.

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In addition to a summary, each video has captions and comes with a transcript if you find you learn better that way. The platform also features learner support guides and a note-taking space so you can keep all of your insights and next steps in one place. And with three new videos added per week, theres something new to learn all the time but not so much that its overwhelming to keep up.

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Expand your mind with access to over 1,000 lectures from Tim Ferriss, Malcolm Gladwell, and more - MarketWatch

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Global Machine Learning Artificial intelligence Market 2025 To Expect Maximum Benefit and Growth Potential During this COVID 19 Outbreak: AIBrain,…

This elaborate global research output outlining the various facets of the Machine Learning Artificial intelligence market reveals valuable insights that could trigger exponential growth in the Machine Learning Artificial intelligence market, with sumptuous references about competition spectrum, growth friendly marketing strategies, tactical business discretion as well as dynamic segmentation, which together influence a highly decisive growth trail in the global Machine Learning Artificial intelligence market.

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The study encompasses profiles of major companies operating in the Machine Learning Artificial intelligence Market. Key players profiled in the report includes:

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Scope of the ReportThe discussed Machine Learning Artificial intelligence market has been valued at xx million US dollars in 2019 and is further projected to grow at xx million US dollars through the forecast span till 2024, growing at a CAGR of xx% through the forecast period.

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It plays with the mind – Bangalore Mirror

Senior citizens testing positive for COVID-19 are seeing new symptoms, warn doctors

For almost 10 days before Mahadeo Deole the former mayor of Mumbai was admitted to the Kokilaben Hospital, he had been feeling lethargic, was sleeping excessively and felt in a dazed state while awake. By July 8, he had slight fever, cough and was a wee bit short of breath. Three days later he got admitted to the hospital where he tested postive for COVID-19.

I did not know what was happening to me. There was no reason for me to fall asleep just like that. I couldnt stay awake. I didnt know it was COVID because for over a week I didnt have any fever or cold. Deole tells Mirror.

Tests revealed that he had pneumonia and had also suffered multiple strokes. When he tested positive for COVID, we realised the virus had caused neurological complications. Even after he came out of the coma he had no recollection where he was and why he had come to the hospital, says Dr Annu Aggarwal, neurologist with Kokilaben Hospital. We have to be very careful with the elderly patients. They may not always develop fever.

At the Kokilaben Hospital, for example, in these five months around 350 COVID patients have been attended to who had developed neurological problems, a majority of them being cases of encephalopathy and multiple strokes.

When the pandemic started, it felt the virus affected only the lungs. But now we know it can affect any organ and that makes the virus a very unpredictable and complicated one, she says.

The United States Centers for Disease Control and Prevention (CDC) has identified the following as symptoms of COVID-19 fever or chills, cough, shortness of breath or difficulty breathing, fatigue. As well as muscle or body aches, headache, new loss of taste or smell, sore throat, congestion or runny nose, nausea or vomiting and diarrhea.

Among the physical conditions that the CDC has shortlisted that require emergency medical attention includes trouble breathing, persistent pain or pressure in the chest, confusion, inability to wake up or stay awake and bluish lips, face, fingers and nails.

The 80-year old Deoles fatigue, sleepiness and confused state of mind all indicated that his physical capabilities were under attack from the virus, but none of these were immediately identified.

Our advise to patients of all the age groups, especially the elderly, is to keep a check on whether there has been any sudden change in their routine for which no reason can be identified. Like falling asleep at odd hours despite a good sleep in the night or being tired throughout the day, says Aggarwal. Anything happening to the body that is unusual should ring alarm bells. We have even treated young people who came with multiple clots.

Now we know the virus can affect any organ and that makes it very unpredictable and complicated

Dr Annu Aggarwal, neurologist Kokilaben Hospital

Staying indoors and wearing the mask properly outdoors are the only two ways that can be suggested till a vaccine is out, says Aggarwal. Most people are careless about the way they are using the mask. Whenever outside they should keep their mouth and nose covered and not leave the mask hanging on the chin. Precaution must be taken not to touch the mask even after stepping indoor. Before removing the mask, one should first wash their hands with soap and water.

The blame for the virus spreading fast through the nasal and throat passage goes to the respiratory and also the digestive tracts, which contains a receptor ACE2 that makes it easier for the virus to attack the cells.

Doctors believe the virus interferes with the coagulation system and makes the blood clot that leads to stroke. What we dont know yet is whether the virus is travelling to the brain after finding a way in through the nasal cavity, says Aggarwal.

Another problem area that the doctors treating Covid-19 patients in Mumbai have identified is the interference of the virus in the hormonal balance. Patients with no history of blood sugar have come for treatment with either a drastic fall or sharp rise in the sugar levels, the cause of which is still unknown.

With businesses and shopping establishments on reopening mode, the doctors feel the elderlies should assess the risks before stepping out of their homes and avoid activities where it isnt possible to keep people at a distance.

SIGNS TO LOOK FOR EMERGENCY ADMISSION IN COVID-19 CASES

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It plays with the mind - Bangalore Mirror

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Exercising toward a healthy mind – Johns Hopkins News-Letter

Even before the pandemic hit, staying at home everyday always left me feeling restless. I am the type of person who needs to be out and about doing something productive, whether its finishing errands, meeting with friends or simply walking in the park. So, aware that I would be spending countless monotonous days at home in this new normal, I knew I had to redirect my energy somewhere else. Thats why I turned to working out and learning yoga.

Aside from some research, nonprofit and internship work, I have spent the majority of my time in quarantine exercising, usually seven times a week if my body can handle it. It isnt as if I havent exercised before. In fact, I would say that I exercised pretty consistently even before quarantine; however, I didn't have a regimen in place, and studies and extracurriculars would often get in the way of making substantial fitness progress.

Always known as the short girl with the fast metabolism, l was never really conscious about my appearance until I saw the effects of the dreaded Freshman 15 after my first semester at Hopkins. Realistically, I know it did not affect me as terribly as I envisioned it in my head, but it still made me more conscious about what I ate and how I was working out.

With extra time on my hands and still reeling from the effects of the Freshman 15, I began my fitness journey in quarantine strong. I was exercising everyday and even completed an isolated 10k with my cousins for coronavirus patients. However, with extra time at home in quarantine, my mind would unwittingly wander into the dreaded area of insecurities. Knowing the amount of effort I was putting into staying fit, and seeing photos of the body I aspired to have, soon became very damaging. On many occasions, I had to stop myself from obsessing over the most effective workouts and falling into the dangerous mindset that I needed to eat less or skip meals in order to tone my body.

Deep down, I knew that I had made my core and arms stronger, and I just needed to focus on what I had already accomplished instead of what I was still lacking. Maybe I would never be able to return to my pre-college weight, but did I really want to give up my current healthier lifestyle to backtrack into my malnourished self?

Alongside the physical effort of completing various workout programs, it took a lot of mental effort to start focusing on developing a healthy mindset alongside a healthy body. I attribute part of the process to the materials I learned in my Abnormal Psychology class. Because I was aware of some of the bad habits of a potential eating disorder, I was able to recognize them in my own life and during discussions with friends about shared health issues. From there, I used this knowledge to turn my negative thoughts into positive fuel to make me more conscious about reforming my life for the better. I began by reading countless blogs and watching YouTube videos by verified nutritionists to learn how to eat and work out right.

Of course, it was not a straightforward path. There were still times when my mind would unconsciously drift back to my negative thoughts even after I began making changes to my lifestyle. To counter this, I found foods and exercises that I genuinely enjoyed, so that I would look forward to the changes I was making to my diet and exercise rather than be left dreaming of the desserts I was missing. Transforming my attitude was definitely not an easy thing to do, and I especially do not want to minimize any of the challenges and distress that those diagnosed with an eating disorder go through. I acknowledge that I am lucky enough to have access to resources to educate myself on these topics.

The first step I had to do was determine my own personal goals, which were to tone, get stronger and to plan the right course of action. Rather than obsessing over how much I was eating, I instead redirected my attention toward the kinds of food I was eating. Of course, if your goal is to lose weight, the amount of food you eat does matter. But, in my case, I incorporated more protein and vegetables in my diet to proportionate these food groups with the amount of carbs I ate.

I also had to stop the nasty habit of hating on myself whenever I ate a lot of sweets or carbs (my weakness!), especially during the weekly lunches with my extended family on Sundays, designated as my cheat day. I learned that prohibiting myself from satisfying my cravings only made me want them more. Learning about achieving food freedom not only made me happier but also taught me to listen to my body to control food rather than let food control me.

Most importantly, I learned to focus on myself. The path to fitness is different for everybody, and there are various factors that you need to take into account including genetics, current lifestyle and body type that will affect how quickly or slowly you are able to reach your goals. Chloe Ting and Pamela Reif have seemed to become household names over quarantine, but maybe their workout plans just arent for you.

Dancing, high-intensity interval training workouts, yoga, weight training there are so many options worth exploring! You may draw inspiration from all the fitness queens out there but constantly comparing yourself to others is a fruitless pursuit that may only lead to more self-doubt and negativity. In fact, you can take everything I have said here with a grain of salt if you think that it isnt applicable to your lifestyle. And that is completely okay, as long as you are able to decide on the path that will be most beneficial to you and your goals.

Eat right, listen to your body and focus on your OWN development. These are the three big lessons I have learned while working on my fitness in quarantine. I am still, by no means, the strongest or fittest person out there, but I know that I have definitely improved personally. I am now able to eat healthier and live happier, mindful of how much stronger mentally and physically I have become over the past few months. What used to be a chore has now become a stress reliever for me. I finish my daily workouts pumped with endorphins and filled with a much more positive outlook about a future beyond this pandemic.

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Exercising toward a healthy mind - Johns Hopkins News-Letter

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We criticize because we care – Observer Online

Im taking my first poetry writing class this semester. Aside from our discussions of avant-garde free-verse that go way over my head, weve been talking a lot about attention what commands our attention, what other poets attend to in their writing and, most importantly, how we allocate our attention within the writing process.

One of our first assignments had us composing an hour-by-hour ode over the course of a single day, with each of twelve lines written during each waking hour. At the top of each hour, I began my ritual earbuds in, world out, ambient music on. I took a deep, steady breath. I opened my notebook. I entered a deep state of mindful meditation, attempting to channel the eloquent, attentive poetics of Ross Gay and Robert Frost. I reached my poets mind deep into my heart of hearts and found absolutely nothing. My mind was preoccupied with more pressing, less poetic matters. My attention was elsewhere.

I got more than an uninspired poem out of this exercise: I learned that certain sorts of attention are very hard to come by right now. And I dont think Im the only one this semester, our campus communitys collective consciousness appears to have shifted towards one issue: the Universitys coronavirus response.

Every day at noon, like clockwork, we bash our browsers refresh buttons, eager for the Universitys daily dashboard update. We take in the days new numbers. We calculate percentages, crunch numbers, track trend lines.

And every day, we hear the disheartening stories behind those numbers: silence and miscommunication from University Health Services, scarce and inaccessible testing resources, glaring hospitality oversights for students in quarantine housing. We take in the days new stories. We listen, empathize, commiserate.

But we dont stop there. We speak out through social media, student journalism, the signing of petitions and call for accountability. We write, email and create mutual aid spreadsheets. My faith in the Universitys administration might be at an all-time low, but I have never been prouder to be a part of our student body caught in the midst of a pandemic and an unprepared world, we are picking up the slack of institutions that are meant to protect us. We are paying more attention than ever.

But there are critics of our undivided attention. They dont appreciate our hyperfixations on the Universitys inadequacies, our tendency towards criticism. They see The Observers reporting of the Universitys coronavirus response and call it fear-mongering. They see our repeated calls for reform and call it entitled college students finding something to be angry about. Their problem lies not in the Universitys shortcomings, but in the students brave enough to bring these shortcomings to light. Snowflakes, reads one tweet in response to the latest Observer editorial. A real Notre Dame student should want to win not suck their thumb. Clearly, we are paying too much attention.

But when our attention is met with dissension, I cant help but think of my favorite piece of dialogue from one of my favorite films: Greta Gerwigs Lady Bird. The scene is simple: Our titular character sits across from Sister Sara Joan, a nun who doubles as her high school counselor, as the two discuss Lady Birds college essay:

Well, you write about Sacramento so affectionately, and with such care, says Sister Sara Joan.

Lady Bird deflects. I was just describing it, she says, stone-cold and stoic.

But Sister Sara Joan stands firm. It comes across as love.

Sure, I guess I pay attention.

Dont you think maybe they are the same thing? Love and attention?

I love Notre Dame thats why Im here and that is why I pay so much attention. That is why I criticize our administration. And I know Im not the only one who feels this way. Many of us have loved Notre Dame for as long as we can remember. For years, we have seen the University excel as an academic institution and a force for good so now, we know very well that Notre Dame can do better. As real Notre Dame students, we do want to win that is why we stand up, that is why we speak out, that is why we push our administration to do better.

We pay attention because we want to stay here. We criticize because we care.

You can contact Evan at [emailprotected]

The views expressed in this column are those of the author and not necessarily those of The Observer.

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We criticize because we care - Observer Online

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78 percent parents don’t mind if children have to skip school year due to pandemic: Survey – EdexLive

COVID-19 continues to upend schooling around the globe, with millions of parents and children resorting to online education. According to a new survey, 78 per cent of parents are not willing to send their children to school till the pandemic is over, and it is safe for them to step out, even if their children have to miss a year of school for their safety.

According to "Kids Under COVID", a research study and survey by online edutainment company SP Robotic Works, parents in Bengaluru, Mumbai, Hyderabad, and mini-metros are even more concerned as between 82-86 percentare unwilling to take any risk with the children. Chennai and Kolkata are the only exceptions among the major cities where the ratio of parents that are willing to take chances with sending their children to school is higher than the national average.

The study, conducted over the months of July and August, surveyed 3,600 parents and an equal number of children in the age group of 7-17 years. The new survey reveals that parents' profession plays a significant role in their response. Salaried parents are the most protective, with only 17 per cent willing to send their children to school as soon as the schools reopen. In contrast, 30 per cent of self-employed and 56 per cent of freelance workers are likely to send their children to school immediately after they open.

64 per cent parents and children have no appreciation for online schooling With a sudden transition to online learning and prolonged screen time with no outdoor play and limited social interaction, the long term impact on children's mental and physical health remains dubious. While most schools have successfully transitioned to online, the model is found to be less effective with over two-third of children preferring to learn in the classroom. Interestingly, children, as well as the parents in smaller cities and non-metros, seem to prefer online learning compared to those in metros, except Bengaluru.

Coding over toys

The study found that at least 29 per cent of the kids are learning coding/robotics on online platforms. Though the majority of children are missing outdoor activities, new interests and hobbies have taken over. The online school takes up a good part of the day.

Loss in concentration and disturbed sleeping

Children are also the recipients of stricter rules of isolation as education can wait. They are feeling the frustration of being confined to the four walls. Nearly 50 per cent are experiencing disturbed sleeping patterns. Amongst the 40 per cent who are scared of the situation, 61 per cent have experienced a drop in concentration levels. A deep dive into the sleep routines, screen time, physical activity, concentration, food habits and more, say findings.Girls dream entrepreneurship

Amongst some other interesting insights, the survey brings to light a never-before-seen affinity towards entrepreneurship among girls. Amongst the choices for dream jobs, 15 per cent of girls aspire to become entrepreneurs when they grow up, a higher percentage than boys. Entrepreneurship is second only to the fancy of becoming a doctor.

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78 percent parents don't mind if children have to skip school year due to pandemic: Survey - EdexLive

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TSMC and Graphcore Prepare for AI Acceleration on 3nm – AnandTech

One of the side announcements made during TSMCs Technology Symposium was that it already has customers on hand with product development progressing for its future 3nm process node technology. As weve reported on previously, TSMC is developing its 3nm for risk production next year, and high volume manufacturing in the second half of 2022, so at this time TSMCs lead partners are already developing their future silicon on the initial versions of the 3nm PDKs.

One company highlighted during TSMCs presentations was Graphcore. Graphcore is an AI silicon company that makes the IPU, an Intelligence Processing Unit, to accelerate machine intelligence. It recently announced its second generation Colossus Mk2 IPU, built on TSMCs N7 manufacturing process, and featuring 59.2 billion transistors. The Mk2 has an effective core count of 1472 cores, that can run ~9000 threads for 250 Teraflops of FP16 AI training workloads. The company puts four of these chips together in a single 1U to enable 1 Petaflop, along with 450 GB of memory and a custom low-latency fabric design between the IPUs.

A future generation of products from Graphcore, according to the TSMC presentation, is set to be developed with the TSMC 3nm process in mind, skipping TSMCs 5nm. No exact timescale was presented, nor any indication of Graphcores strategy. As we can see from the slide, the Colossus IPU line involves big high-transistor count chips, using the extra transistor budget afforded by the more dense process node.

We reached out to Graphcore for a statement, and received the following:

Nigel Toon, CEO & co-founder at Graphcore said: Graphcore was first to build a completely new kind of fully programmable processor, designed from the ground up for machine intelligence. Many of the innovative features of our IPU architecture and the high yields we see even at the cutting edge of the latest process node, are testament to the close technology partnership we enjoy with TSMC. With 59.4Bn transistors, and built using the latest TSMC 7nm technology, the MK2 IPU, which we announced in July, is the worlds most sophisticated processor. Each GC200 IPU has 1472 independent processor cores and an unprecedented 900MB of In-Processor memory delivering an 8x step up in real world performance vs. our MK1 products. We continue to work closely with TSMC as one of their technology innovation partners to explore the advantages of new process nodes and techniques, including N3, so we can continue to deliver more performance improvements to enable our customers to make new breakthroughs in AI.

PCIe Accelerator with two IPUs

As it stands, Graphcore has a number of products built on its Mk1 and Mk2 IPUs, including systems in partnership with Dell. Graphcore in Q1 2020 went through an extended Series D funding round earlier this year, and has raised $450 million, valuating the company at $1.95 billion, with investors such as BMW, Microsoft, the CEO of DeepMind, and a number of VC firms. According to TechCrunch, who reported this in February, the company still has $300m in cash reserves. As the cost to develop new silicon on the latest manufacturing node increases, it will be interesting to see at what point Graphcore puts an order in with TSMCs 3nm, or if TSMC and Graphcore are working together to help optimize the process for large scale chips and if TSMC will bear some of that cost.

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TSMC and Graphcore Prepare for AI Acceleration on 3nm - AnandTech

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