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WHTop → 📋 News → Lumai Raises $10M for Optical AI Tech to Power Greener Data Centers
Lumai Raises $10M for Optical AI Tech to Power Greener Data Centers
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Lumai, a spinout from the University of Oxford, has announced a funding round of more than $10 million to advance its pioneering opticalAI accelerator technology. The capital injection will be used to expand Lumais presence in the U.S., triple the size of its team, and accelerate product development.
The companys core innovation lies in its approach to optical computing - using light instead of electrons to carry out the complex matrix multiplications at the heart of AI processing. This method promises to reduce energy consumption dramatically, a critical advantage as the data center industry braces for massive growth and rising energy demands.
The round was [...][... Check source for end of article ...]
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The Internet Infrastructure Coalition (i2Coalition) has announced a strategic partnership with HostingJournalist.com. This collaboration provides i2Coalition and its 85+ members direct access to HostingJournalist.coms Insider self-publishing platform, enabling [...]
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