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Sources: Dallas-based Disruptive is targeting up to $10B for a late-stage fund, and has secured $7.5B; founded in 2012, it has backed Groq and Reflection AI (Kate Clark/Wall Street Journal)

Kate Clark / Wall Street Journal : Sources: Dallas-based Disruptive is targeting up to $10B for a late-stage fund, and has secured $7.5B;...

11 March 2025

Celestial AI, which aims to use light to speed up data transfer inside servers, raised $250M led by Fidelity at a $2.5B valuation, taking its funding to $515M (Jane Lanhee Lee/Bloomberg)

Jane Lanhee Lee / Bloomberg:
Celestial AI, which aims to use light to speed up data transfer inside servers, raised $250M led by Fidelity at a $2.5B valuation, taking its funding to $515M  —  - BlackRock and AMD Ventures participated in $250 million round  — Startups are trying to develop ways to speed up AI computing

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