Cornelis, spun off from Intel
Cornelis, spun off from Intel in 2020 to build networking tech that helps AI chips communicate more effectively, raised $205M led by IAG Capital
TL;DRIntel spin-off Cornelis raises $205M for AI chip networking tech.
Why it matters: AI performance depends on fast chip communication; better interconnects unlock faster, more efficient large-scale AI systems.
Abnormal AI: Amazon Bedrock AgentCore for agentic email security
TL;DRAbnormal AI uses Amazon's new tool to process billions of emails with AI agents for security.
Nuance Labs, which builds low-latency AI avatars
TL;DRAI startup raises $50M to build conversational avatars with better emotional responses.
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