NuAxiSemiconductor trade intelligence
Celestial AI closes $175m Series C funding round
What happened
Celestial AI, a startup developing optical interconnect technology for AI accelerators, has raised $175 million in a Series C funding round led by USIT, with participation from AMD Ventures and Samsung Catalyst. This funding will be used to advance its Photonic Fabric technology, which aims to address memory bandwidth bottlenecks in AI systems. Neutral: This is a long-term R&D milestone for a private company with no immediate impact on component supply, pricing, or trader inventory decisions.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
AI AcceleratorOptical Interconnect
Celestial AI
fundingstartupAI-hardware
Source and time
Source: Semiconductor Today · 4/2/2024 · View original source
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