Celestial AI Raises $100M Series B Funding!
Today’s advanced AI models require exponentially increasing memory capacity and bandwidth, as Large Language Models (LLM) including GPT-4 used for ChatGPT and Recommendation Engines are memory bound rather than compute bound. Celestial AI is here to solve that problem.
Today’s advanced AI models require exponentially increasing memory capacity and bandwidth, as Large Language Models (LLM) including GPT-4 used for ChatGPT and Recommendation Engines are memory bound rather than compute bound. Celestial AI is here to solve that problem.
Funding led By: IAG Capital Partners, Koch Disruptive Technologies (KDT) and Temasek’s Xora Innovation fund
Participation from: Samsung Catalyst, Smart Global Holdings (SGH), Porsche Automobil Holding SE, The Engine Fund, imec.xpand, M Ventures and Tyche Partners
Total Funding Amount: $163.9M
Funds Use: To expand their business operations. Hiring across various engineering roles.
We are at the beginning of an unprecedented journey toward the next generation of intelligence which will transform our way of life, - Dave Lazovsky, Celestial AI founder and CEO.
About: Celestial AI is building a robust Photonic Fabric ecosystem consisting of AI compute, memory suppliers, hyperscalers and high-volume commercial supply chain partners.