Optical interconnectivity startup സെലസ്റ്റിയൽ AI raised a massive $175 million Series C led by തോമസ് ടുൾഎന്നയാളുടെ യുഎസ് ഇന്നൊവേറ്റീവ് ടെക്നോളജി ഫണ്ട്.

With the explosion of generative AI, both compute power availability and memory capacity are becoming more and more crunched — and marriage between compute and memory causes both to increase simultaneously. However, Celestial’s photonic fabric platform helps separate compute and memory, making processing extensive AI faster and more energy-efficient computing.

“This highly oversubscribed financing round is another testament to Celestial AI’s position to disrupt the market,” said founder and CEO Dave Lazovsky. “Today’s advanced AI models require exponentially more I/O bandwidth and memory capacity but are currently constrained by low bandwidth and high latency.”

The round included a long list of investors in addition to USIT, including AMD Ventures, കൊച്ച് ഡിസ്റപ്റ്റീവ് ടെക്നോളജീസ്, തേമാസെക്, Temasek’s സോറ ഇന്നൊവേഷൻ fund, IAG ക്യാപിറ്റൽ പാർട്ണർമാർ, സാംസങ് കാറ്റലിസ്റ്റ്, Smart Global Holdings, പോർഷെ ഓട്ടോമൊബൈൽ ഹോൾഡിംഗ്, Engine Ventures, M-Ventures ഒപ്പം Tyche പങ്കാളികൾ.

വലിയ പണം

It was just last June when Santa Clara, California-based Celestial raised its $100 million Series B funding led by IAG Capital Partners, Koch Disruptive Technologies and Temasek’s Xora Innovation fund. Founded in 2020, the company has raised nearly $339 million, ഓരോ ക്രഞ്ച്ബേസ്.

It’s been a busy couple of weeks in the semiconductor industry as investors have flocked to the sector knowing its importance in the rocketing AI industry.

It was just last week when shares of ആസ്റ്റെറ ലാബ്സ് — a developer of data center connectivity technology with use cases in generative AI — soared after its initial public offering ന് നാസ്ഡാക്ക്. Shares have since then remained well above their IPO price.

ചിത്രീകരണം: ഡോം ഗുസ്മാൻ