Reported about 18 hours ago
Celestial AI, a Silicon Valley startup focused on improving speed connections between AI chips, has raised an additional $250 million in venture capital, increasing its total funding to $515 million. The company utilizes photonics technology to create fast links between AI computing and memory chips, a crucial factor in AI advancement and a point of interest for U.S. government export controls. Competitors like Lightmatter and Ayar Labs are also in the race to improve memory bandwidth, with significant funding backing their efforts.
Source: YAHOO