Thursday Oct 31, 2024

Lightmatter Unicorn News: Lightmatter Secures $400 Million In Funding

Lightmatter Unicorn News - October 31, 2024

Lightmatter, a pioneer in photonics for AI data centers, has successfully raised $400 million in Series D funding, boosting its valuation to $4.4 billion. This investment highlights growing confidence in their innovative technology, which uses light to process information, promising to revolutionize AI data processing efficiency and speed.

Sources
https://www.bing.com/search?q=Lightmatter+nearly+quadruples+valuation+to+%244.4B+as+it+builds+a+new+kind+of+AI+chip&cvid=e91f4aa2d38f4fa4a64d4f832067fb27&gs_lcrp=EgRlZGdlKgYIABBFGDkyBggAEEUYOTIGCAEQRRg8qAIAsAIA&FORM=ANAB01&PC=W099

Outline
(00:00:00) Introduction
(00:00:35) Lightmatter Unicorn News from Lightmatter

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