Eliyan reaches $1 billion valuation with $145 million funding round

The startup develops technology to speed up data transfers between AI chips.

Reported60 sec read

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Jul 29: Eliyan reaches $1 billion valuation with $145 million funding round

Photo: Behnam Norouzi · Unsplash

What happened

Semiconductor startup Eliyan raised $145 million in a new funding round. The deal values the company at $1 billion. Eliyan builds chiplet interconnect technology designed to eliminate data bottlenecks in AI hardware.

The context

Large AI models need thousands of processors to work together at high speeds. Data transfer delays between chips often slow down these systems and raise energy costs. Companies like Eliyan build specialized hardware links to move data quickly between silicon components.

Sources

wtvbam.com ↗ via Google News Reported

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