Taara, formerly a project within Alphabet’s X lab, announced today that it has officially spun out as an independent company. In a blog post and podcast, Taara CEO Mahesh Krishnaswamy...
Celestial AI announced it secured $250 million in Series C1 funding led by Fidelity Management & Research Company, increasing its total funding to over $515 million. The funding round included...
Quantum Machines (QM) has raised $170 million in a Series C funding round, bringing its total funding to $280 million. Led by PSG Equity, with participation from Intel Capital and...
Baya Systems and Semidynamics have announced a collaboration to accelerate the development of RISC-V-based System-on-Chip (SoC) platforms optimized for AI, machine learning (ML), and high-performance computing (HPC). By integrating Semidynamics'...
Lambda raised $480 million in a Series D funding round, bringing its total equity capital raised to $863 million. The round was co-led by Andra Capital and SGW, with participation...
Lumotive, astart-up based in Redmond, Washington, has secured $45 million in a Series B funding round to accelerate the growth and sales of its Light Control Metasurface (LCM) technology. The...
Hyperlume, a start-up based in Ottawa, has secured a US$12.5 million seed funding round to advance its high-bandwidth, low-latency, and energy-efficient interconnect solutions for AI data centers and high-performance computing...
Relativity Networks, a start-up based in Orlando, Florida, has secured $4.6 million in pre-seed funding to accelerate the deployment of hollow-core fiber (HCF) technology, addressing the data transmission and power...
NXP Semiconductors agreed to acquire Kinara, a start-up developing energy-efficient discrete neural processing units (NPUs). The $307 million all-cash transaction is expected to close in the first half of 2025,...
Salience Labs, a start-up based in Oxford, UK, has secured $30 million in Series A financing to accelerate the development of its optical switches for AI datacenter connectivity. The funding...
iPronics, a deep-tech startup specializing in software-defined photonic engines, has raised €20 million in Series A funding to advance its Optical Networking Engine (ONE) for next-generation AI data centers. The round was led by Triatomic Capital,...
Celestial AI, a start-up based in Santa Clara, California, developing its Photonic Fabric optical interconnect, announced the appointment of Lip-Bu Tan to its Board of Directors. A prominent figure in...
Baya Systems, astart-up based in Santa Clara, California, has added industry veterans Manish Muthal and Siva Yerramilli to its Board of Directors. Following its Series B funding, the company is...
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