Browsing Tag
Cisco Investments
3 posts
FuriosaAI raises $620m at $2.9bn valuation as RNGD challenges NVIDIA in enterprise AI inference
South Korea's FuriosaAI has closed a $620 million Series D funding round at a $2.9 billion post-money valuation, securing capital to increase production of its RNGD AI inference accelerator and develop a third-generation chip with Broadcom. Deployments involving Samsung SDS, LG Group and Upstage provide an initial commercial foundation, while power efficiency, software compatibility and production scale will determine its ability to compete with established GPU suppliers.
Eliyan Series C backs chiplet interconnects for next-generation AI infrastructure
Eliyan’s $145 million Series C gives the Santa Clara startup a $1 billion valuation, as AI data-centre operators confront the growing cost of moving data between chips, memory and optical networks.
Aviz Networks secures $10m to advance AI-driven networking solutions
Aviz Networks, a leader in open networking software for cloud-scale infrastructures serving telecom and enterprises, has marked a…