Celestial AI raised $56M at a $150M Valuation for AI Chips

Must Try

AI models have high demands, and engineers are trying to speed up their development using the latest materials. In this, photonic chips are a promising product to send signals for the latest work, unlike electricity in conventional methods. The photonic chips facilitate high performance and are less prone to changes in electromagnetic field and temperature. 

To make the best use of technology, it is better to have an idea of the correct use of photonic chips. No hurdle could threaten the companies trying to make the best use of photonics, including tech giants like LightOn and Lightmatter. Celestial AI, since 2019, has shown better ways to use AI chipsets. In this, it uses light to move data across the chipsets. Celestial AI announced to raise $56 million, resulting in $150 million of post valuation, bringing the total capital to over $64 million.

Light AI Processors

Celestial develops architecture on photonics that runs across multichip systems, facilitating data transfer through the chips. The hardware integration is mainly through AI accelerators. The main idea is to make data transfer an easy-going thing between AI chips as it will offer computing efficiency.

Unlike the traditional setups, the Celestial setup mixes and splits beams of light by using nanometer-wide channels. The photonics chips can do calculations more quickly and precisely than traditional forms.

Focusing on future developments

The increasing demand for Celestial technology makes startups demand more use of the photonics field.  LightOn has announced its integration using France‚Äôs Jean Zay supercomputer.

On the contrary, the global market for AI chips will account for $109.83 billion by almost 2028. In this regard, the industry giant, The Photonics Public Private Partnership thinks that there has been only 20% use of power along with light energy to date. This is how the machine learning apps running on AI technology offer benefits and facilitate user-friendly software use.

- Advertisement -spot_img
- Advertisement -spot_img

Latest Recipes

- Advertisement -spot_img

More Recipes Like This

- Advertisement -spot_img