AITechCrunch1h ago

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

Cornelis, spun off from Intel

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.

Cornelis, a company creating networking technology to help AI chips communicate more effectively, announced Monday that it has raised $205 million …

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Source: TechCrunch · Opens in new tab