Celestial AI has raised $56 million in its Series A round. The company is building hardware and software that uses photonics to process data and map data. The company is backed by MIT spinout The Engine. The company’s founders include Phil Winterbottom, who spent time at Google and Entrisphere, and Michelle Tomasko, who has worked at Nvidia and Google.
Celestial AI raises $56 million Series A
A California-based company that is developing audacious AI computing platforms has raised $56 million in Series A funding. The investment is led by Koch Disruptive Technologies. It also includes funds from Tyche Partners, IMEC XPand, and Temasek’s Xora Innovation fund. It was also supported by Fitz Gate.
The company plans to use the money from this round to further develop its product and develop strategic partnerships. It has previously worked with Broadcom Inc., one of the world’s largest suppliers of networking chips for data centers. It is also developing optical approaches for data transport. This technology enables it to reduce the distance between chips and increase their processing capacity bestlawyers360.
While the company’s technology is not yet ready to replace human workers, the capital will help it develop its product portfolio and expand its global engineering team. As a pre-revenue company, Celestial has focused on a handful of strategic customer collaborative engagements. With this latest round of funding, the company plans to grow its engineering team, improve its product development capabilities, and increase supplier engagements. Additionally, the new capital will allow the company to expand its product development and partnerships with semiconductor manufacturer Broadcom.
The company’s proprietary architecture allows the company to build a chip that is easily scalable across a multichip system and has a high-speed data and compute mapping capability. This hardware product integrates photonics into its AI accelerator, allowing for faster processing than conventional electronic-only semiconductor solutions. The company believes its products will have a market value of more than $70 billion by 2025.
The company’s Orion accelerator chip is designed to increase the speed of machine learning applications by reducing the amount of data being transferred. It uses Photonic Fabric technology to transfer data in light, rather than the usual electricity. This allows it to consume less power and thus lower operating costs.
Photonics hardware
Celestial AI, which has received $56 million in Series A funding, is redefining the digital semiconductor space by integrating photonics into its accelerators for AI workloads. By harnessing light for data transmission both within and across chip systems, Celestial’s hardware solution increases the amount of memory and compute available to AI workloads.
While the technology of photonics is fairly new, the company’s team is well-versed in the field. The company’s CEO, Jeff Henning, is a former executive of Applied Materials, its COO is a former MACOM executive, and the CTO, Phil Winterbottom, has a background in AI, machine learning, and photonics.
Post-money valuation
The latest funding round for Celestial, also known as ‘Celestial AI,’ is led by KDT. Though the company has yet to produce any revenue, it has focused on a small set of strategic customer collaborations. With the new capital, the company hopes to expand its engineering team, develop new products, and increase supplier engagements. It also plans to work with Broadcom, which is a big player in the chip industry publiclawtoday.
The company’s technology is built on photonics, which allows for scalable multichip systems for AI workloads. However, the company is facing several established competitors in the photonics space. One of its main competitors is Lightmatter, which is selling server blades that incorporate photonic chips. Meanwhile, LightOn announced last year that one of its photonic “co-processors” would be integrated into the Jean Zay supercomputer in France. Another competitor is Lightelligence, which claims to solve a math problem faster than a typical GPU.
Celestial AI Raised $56 Million in Series A Funding
In a recent round of funding, Celestial AI raised $56 million for its Orion accelerator chip. With this investment, Celestial will accelerate the development of its accelerator products and grow its global engineering team. The company will continue to pursue its mission of transforming computing through the use of photonic fabric technology. This breakthrough technology uses light to transmit data from one device to another.
Celestial AI raises $56 million in Series A funding
The latest round of funding is the first step toward Celestial AI’s goal of transforming computing. The company’s technology, which uses light to transmit data, aims to reduce the energy use and improve economic efficiencies. The funding will allow Celestial to expand its engineering team and expand supplier engagements.
Celestial’s technology is based on a proprietary architecture that makes data transfer easy while still ensuring a high-performance computing experience. This architecture also scales across multichip systems and allows data to be transferred by light. This technology is integrated into Celestial’s hardware product, which makes compute and memory available for AI workloads.
Orion machine learning accelerator chip uses multi-laser integrated external light source (ELS) modules
According to researchers, Celestial AI’s Orion machine-learning accelerator chip uses multi-laser external light source modules to accelerate machine learning algorithms. This chip is an improvement over other current machine learning accelerator chips. The researchers, whose team includes Otis G. Peterson and Robert H. Kimplane, are planning to market the chip in 2018.
This technology has the potential to transform data parallel computing into a more advanced form of AI. Using light to move data from one place to another, it allows computers to access vast amounts of data in a matter of seconds. The company claims that its chip will yield breakthrough accuracy and performance lawyersmagazine.
Company is in stealth mode
Celestial AI, a machine learning accelerator, has raised $56 million in a Series A funding round. The company’s proprietary technology platform leverages light instead of silicon to enable data-parallel computing. The company’s mission is to revolutionize the way data is processed.
The company was founded by David Lazovsky, an investment partner at Khosla Ventures and the Executive Chairman of POET Technologies, an integrated photonics device company. Before that, he founded and served as CEO and Board Member of Intermolecular, a clean energy and semiconductor research company. Lazovsky steered the company through its lifecycle, and in 2011, it went public on the NASDAQ.
Photonic fabric technology decouples computing power from data movement
Celestial AI is an AI accelerator company that has created a proprietary hardware and software platform for next-generation high-performance computing. The company’s technology uses light to transmit data and reduces energy and time needed to transfer it. Its mission is to revolutionize computing doithuong.
Finally
Photonic Fabric architecture enables scalable data mapping and decouples computing power from data movement. This architecture is suitable for chip-to-chip or multi-chip exascale systems. As a result, it democratizes optical access to limitless memory and compute laws4life.
