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Eliyan raises $145 million at $1 billion valuation to ease AI chip data bottlenecks
SG🏛️ PoliticsCenter6 hr. ago

Eliyan raises $145 million at $1 billion valuation to ease AI chip data bottlenecks

Eliyan, a startup focused on addressing data transfer bottlenecks in AI chips, has raised $145 million in venture funding at a $1 billion valuation. The round included backing from Cisco Systems, Lumentum, and other investors with experience in networking technologies. Eliyan's technology targets the inefficiency in AI chip performance where data transfer speeds lag behind processing capabilities. The CEO noted that current GPU utilization is limited by data reception speed, and Eliyan offers an alternative to proprietary solutions like those provided by Nvidia and cloud providers. The company plans to begin shipping chiplets this year and projects significant revenue growth by 2027.

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2 reports

Channel NewsAsia (CNA) logoChannel NewsAsia (CNA)State / PublicCenter6 hr. ago
Exclusive-Intel providing chip technology to startup led by co-investor of Tan in rare deal

Intel has granted access to its Atom processor technology to a new startup, RosaicLabs Inc., in a rare licensing arrangement. The startup, founded by Amarjit Gill and featuring former Rivos employees, is leveraging Intel's x86 architecture for its designs. This move marks a departure from Intel's usual approach of restricting access to its core technologies. The connection between Intel's CEO Lip-Bu Tan and Gill, who previously collaborated on Rivos and Nuvia, highlights potential strategic ties. While Intel has not commented, the disclosure suggests a significant shift in its strategy toward sharing intellectual property.

Bias read (Center): The article presents factual information about a business transaction involving Intel and a startup, without overtly favoring any political ideology. It reports on corporate actions and industry practices without clear ideological slant, maintaining a balanced tone.

Channel NewsAsia (CNA) logoChannel NewsAsia (CNA)State / PublicCenter16 hr. ago
Eliyan raises $145 million at $1 billion valuation to ease AI chip data bottlenecks

Eliyan, a startup focused on addressing data transfer bottlenecks in AI chips, has raised $145 million in venture funding at a $1 billion valuation. The round included backing from Cisco Systems, Lumentum, and other investors with experience in networking technologies. Eliyan's technology targets the inefficiency in AI chip performance where data transfer speeds lag behind processing capabilities. The CEO noted that current GPU utilization is limited by data reception speed, and Eliyan offers an alternative to proprietary solutions like those provided by Nvidia and cloud providers. The company plans to begin shipping chiplets this year and projects significant revenue growth by 2027.

Bias read (Center): The article presents factual information about Eliyan's fundraising and technological focus without overtly favoring any political ideology. It discusses industry challenges and solutions without taking a clear stance on regulatory issues or political policies related to AI development.

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