Nvidia, AMD, and Intel rarely join forces to invest in a photonic chip company

Wallstreetcn
2024.12.12 05:06
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Nvidia, AMD, and Intel, the three major chip giants, have rarely joined forces to invest in the optical chip startup Ayar Labs, raising $155 million to leverage optical I/O technology to overcome AI data movement bottlenecks. This financing brings Ayar Labs' total funding to $370 million, with a valuation exceeding $1 billion. Investors participating in this round of financing include well-known companies such as AMD Ventures, Intel Capital, and NVIDIA