Search AI Products and News

nEye Systems Inc., a silicon photonics startup, announced today that it has closed a $58 million Series B funding round. The investment was led by CapitalG, the growth equity investment arm of Alphabet Inc., Google's parent company. Other participants include Microsoft's M12, Micron Ventures, Nvidia, and Socratic Partners. This brings nEye's total funding to over $72 million.

Faster data transfer speeds are crucial for advancements in AI. Lightmatter, a Mountain View-based startup valued at $4.4 billion, has announced two new technologies to accelerate connections between AI chips. Having raised $850 million in venture capital, Lightmatter is part of the burgeoning silicon photonics trend in Silicon Valley. Their innovation lies in using optical fiber to transmit data via light signals instead of traditional electrical signals.

According to recent media reports, the artificial intelligence startup Anthropic is actively negotiating a funding round of up to $2 billion, which would elevate its valuation to $60 billion. As a major competitor to OpenAI, Anthropic has received support from Amazon and has garnered significant attention in the AI field in recent years. According to insiders, the leading investor in this funding round is the well-known venture capital firm Lightspeed Venture Partners.