Xsight Labs Raises $300M at $2.8B Valuation to Power AI and [...]


Xsight Labs Raises $300M at $2.8B Valuation to Power AI and Cloud Networks


Xsight Labs Raises $300M at $2.8B Valuation to Power AI and Cloud Networks

📅 - Xsight Labs has secured more than $300 million in fresh funding at a $2.8 billion valuation, giving the Israeli semiconductor startup additional capital to expand production and accelerate development of networking chips targeting AI infrastructure. The financing follows growing commercial adoption of its programmable data processing units and Ethernet switches by telecom operators, equipment vendors and hyperscale cloud customers.

The AI semiconductor race has become increasingly crowded, but it is also becoming more specialized.

While GPU vendors continue attracting the largest share of attention, another layer of infrastructure is quietly emerging as a competitive battleground. AI [...][... Check source for end of article ...]
Tags: AI

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