locked up a $155 million Series D led by and at a valuation of more than $1 billion, and became just the latest optical interconnect to land big money.
The new round included participation from a number of strategics, including , , , and . Existing investors such as , , , , , , and also took part.
Ayar鈥檚 optical solutions to transmit data replace older electrical solutions to help users maximize compute efficiency and performance for artificial intelligence infrastructure while also reducing costs and power consumption.
Founded in 2015, Ayar has raised $370 million, per the company.
Big money in optical interconnects
Ayar is just the latest optical interconnect startup trying to solve AI鈥檚 bottlenecks concerning compute and power usage.
In October, locked up a $400 million Series D led by new investor at a $4.4 billion valuation. The round nearly quadrupled its previous valuation of $1.2 billion in December after a $155 million raise led by 鈥� which along with also participated in the new round.
That same week, 鈥� a New York-based startup also using photonics technology to address the energy, performance and scalability challenges of AI data centers 鈥� raised a $44 million Series A led by and with investment from the likes of and .
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