Celestial AI Raises $100M in Series B Funding
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Celestial AI raises $100M to transfer data using light-based interconnects
David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that AI and machine learning workloads would quickly encounter a "data movement" problem. Increasingly, they predicted, it would become challenging to move data to and from compute hardware as AI models scaled past what could be kept on the die of any one memory chip. Along with Winterbottom, Lazovsky and Virk founded a startup, Celestial AI, to commercialize the tech.
Source: yahoo.com
Celestial AI, Maker of Photonic Fabric Optical Interconnect Technology, Raises $100M in Series B Funding - High-Performance Computing News Analysis
SANTA CLARA, CA – June 28, 2023 – Photonic fabric company Celestial AI today announced it has raised $100 million in Series B funding led by IAG Capital [...]
Source: insidehpc.com
Celestial AI raises $100M to transfer data using light-based interconnects
Celestial AI, a startup developing light-based interconnect tech, has raised $100 million in a Series B funding round.
Source: techcrunch.com
Lake Resources NL advances Kachi Project towards production as lithium demand grows three-times the speed of supply
Lake Resources is utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship...
Source: proactiveinvestors.com.au