Tyche Partners News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ripcord, the robot-powered document scanning startup backed by Apple co-founder Steve Wozniak, is raising money, according to a source.

The former prosecutor-turned-VC launched a $1.5 billion crypto firm right before the industry blew up. Here’s how it’s going a year later.

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.

Celestial AI, a startup developing light-based interconnect tech, has raised $100 million in a Series B funding round.

Ayar Labs,  the silicon photonics interconnect specialist, has raised an additional $25 million in Series C1 funding, bringing its total Series C raise to