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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