Celero raises $140 mn to build AI’s next-gen chip
The world of artificial intelligence (AI) is rapidly evolving, with new advancements and innovations emerging every day. One of the key challenges in the development of AI is the need for high-bandwidth, energy-efficient links between data centers. This is where Celero comes in, a company that has been working on building the next generation of coherent digital signal processing (DSP) chips. Recently, Celero has raised $140 million in funding, led by Alphabet’s CapitalG fund, with earlier backing from Sutter Hill Ventures, Valor Equity Partners, Atreides Management, and Maverick Silicon.
The funding round is a significant milestone for Celero, as it will enable the company to further develop its cutting-edge technology. The company’s next-gen coherent DSP chip is designed to deliver high-bandwidth, energy-efficient links between far-flung AI data centers, enabling faster, scalable distributed AI compute. This technology has the potential to revolutionize the way AI is developed and deployed, enabling faster and more efficient processing of large amounts of data.
The need for high-bandwidth, energy-efficient links between data centers is becoming increasingly important as AI applications become more complex and data-intensive. Traditional networking technologies are often unable to keep up with the demands of AI workloads, leading to bottlenecks and inefficiencies. Celero’s technology aims to address this challenge by providing a high-speed, low-latency link between data centers, enabling faster and more efficient processing of AI workloads.
The use of coherent DSP chips is a key innovation in Celero’s technology. Coherent DSP chips are designed to handle the complex signal processing required for high-speed data transmission, enabling the creation of high-bandwidth, energy-efficient links between data centers. This technology has the potential to revolutionize the way data is transmitted and processed, enabling faster and more efficient communication between devices and data centers.
The funding round is also a significant vote of confidence in Celero’s technology and vision. The company’s investors, including Alphabet’s CapitalG fund, Sutter Hill Ventures, Valor Equity Partners, Atreides Management, and Maverick Silicon, are all experienced and well-respected players in the tech industry. Their investment in Celero is a testament to the company’s potential and the importance of its mission.
Celero’s technology has a wide range of potential applications, from cloud computing to edge computing and beyond. The company’s next-gen coherent DSP chip could be used to enable faster and more efficient processing of AI workloads, enabling breakthroughs in areas such as natural language processing, computer vision, and predictive analytics.
In addition to its technical advantages, Celero’s technology also has significant economic and environmental benefits. By enabling faster and more efficient processing of AI workloads, Celero’s technology could help reduce the energy consumption and carbon footprint of data centers, making them more sustainable and environmentally friendly.
The funding round is also a significant milestone for the AI industry as a whole. The development of next-gen coherent DSP chips is a key area of research and innovation, with the potential to enable breakthroughs in areas such as AI, machine learning, and data analytics. Celero’s technology is at the forefront of this trend, and the company’s funding round is a significant vote of confidence in the potential of AI to transform industries and revolutionize the way we live and work.
In conclusion, Celero’s $140 million funding round is a significant milestone for the company and the AI industry as a whole. The company’s next-gen coherent DSP chip has the potential to revolutionize the way AI is developed and deployed, enabling faster and more efficient processing of large amounts of data. With the backing of experienced and well-respected investors, Celero is well-positioned to achieve its mission and make a significant impact on the tech industry.
Learn more about this funding at: https://ascendants.in/funding-feed/celero-140m-ai-infrastructure-funding/
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