Posted 9/12/2023, 1:02:15 PM
Enfabrica Raises $125M to Develop Networking Chips for AI Infrastructure
- Enfabrica raises $125M in Series B funding for networking chips to support AI workloads
- Led by Atreides Management with participation from Nvidia, Sutter Hill, and others
- Total raised now $148M, will support R&D, operations, engineering, sales, marketing
- Developing networking hardware to deliver efficiency for AI infrastructure
- Claims networking chips struggle to support data needs of modern AI models
- Focus on parallelizability to allow efficient data movement between chips
- Agostic to AI chip brands, aiming to cut costs of AI infrastructure
