Graphcore, a British AI chipmaker, has unveiled a powerful new processor which takes Nvidia’s crown.

Bristol-based Graphcore ranked number one on Fast Company’s top 10 most innovative AI companies of 2020 list. Nvidia, for comparison, ranked fifth.

Fast Company’s confidence in Graphcore clearly isn’t misplaced. Announcing its GC200 processor, Graphcore says its new chip is the world’s most complex.

The GC200 processor boasts 59.4 billion transistors...