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Cornelis raises $205M to challenge Nvidia in AI networking
Original: AI infrastructure company Cornelis raises $205M to chip away at Nvidia’s dominance The company also announced a product
AI infrastructure company Cornelis Networks has raised $205 million in funding as it looks to take on Nvidia's dominance in the AI hardware market. Alongside the funding round, the company announced a new product called Active Compute Fabric, a network technology designed to address the fact that much GPU time in AI data centres is wasted waiting for data to arrive. The move positions Cornelis as a challenger in the fast-growing market for AI networking infrastructure.
Why now: Investors and the AI industry are watching new challengers emerge against Nvidia's dominance in AI computing infrastructure.
Evidence
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