Published 6 days ago • Oxford, United Kingdom • Updated 4 days ago

Lumai, an Oxford spinout and AI accelerator startup, raises $10M+ to cut AI compute costs with optical acceleration - Tech Startups

Summary by Startups News | Tech News

As AI models get bigger and more power-hungry, data centers struggle to keep up. The cost of training and running large language models (LLMs) keeps climbing, and silicon chips are hitting performance limits. With U.S. data center energy use expected […] The post Lumai, an Oxford spinout and AI accelerator startup, raises $10M+ to cut AI compute costs with optical acceleration first appeared on Tech Startups.

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Lumai, an Oxford spinout and AI accelerator startup, raises $10M+ to cut AI compute costs with optical acceleration - Tech Startups

6 days ago

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BusinessCloud.co.uk

Bright future for Lumai's US expansion as firm raises £7.7m

AI accelerator startup Lumai has secured over £7.7m to double its headcount, expand its US presence and advance its product development. The company, which spun out of the University of Oxford in 2022, is using optics to address global computational challenges. Its optical computing technology is looking to help AI data centers dramatically reduce costs and boost performance, whilst minimising energy consumption. The round was led by VC investor…

4 days ago

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intelligenthq.com

Lightmatter Unveils Groundbreaking Photonics Technology for AI Chips

Lightmatter, a rapidly growing startup valued at $4.4 billion, has announced the release of two innovative technologies designed to enhance the speed and efficiency of connections between artificial intelligence (AI) chips. This development marks a significant step forward in the integration of optical technologies in the AI sector. Key Takeaways Lightmatter introduces two new products: an interposer and a chiplet. The interposer will be availa…

5 days ago

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technext24.com

Egyptian startup InfiniLink raises $10m to advance AI data connectivity

Egyptian semiconductor startup, InfiniLink, has raised $10 million in seed funding to develop its optical data connectivity technology for AI-driven data centres. The investment, backed by major global and regional firms, strengthens the company’s position in the semiconductor industry as it seeks to enhance bandwidth efficiency and energy consumption in modern AI infrastructure. The funding round saw participation from Taiwan’s semiconductor le…

5 days ago

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AiThority

Lumai Secures More Than $10Million Investment to Slash AI Processing Costs, Boost Performance and Improve Data Center Sustainability

Optical Processing Breakthrough Addresses Limitations of AI Compute Lumai, an AI accelerator startup using optics to address global computational challenges, today announced that it has secured more than a $10 million investment. Lumai’s revolutionary optical computing technology will help AI data centers dramatically reduce costs and boost performance – while simultaneously minimizing energy consumption. The round was led by VC investor Constru…

5 days ago

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Unite.AI

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thedigitalinsider.com

Lumai Raises $10M+ to Revolutionize AI Compute with Optical Processing

In a major leap forward for the future of artificial intelligence infrastructure, Lumai, the Oxford-born startup pioneering 3D optical computing, has raised more than $10 million in a fresh funding round. The investment — led by deep tech-focused Constructor Capital and backed by notable names such as IP Group, PhotonVentures, Journey Ventures, LIFTT, Qubits Ventures, State Farm Ventures, and TIS Inc. — signals growing confidence in a technolog…

5 days ago

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