Cornelis raises $205 million to challenge Nvidia AI chip dominance
AI infrastructure company Cornelis announced on Monday that it secured $205 million in new funding.
New product targets data delays
The firm introduced Active Compute Fabric, a networking technology designed to reduce time wasted waiting for data. This system allows chips to process and send information simultaneously rather than sequentially.
Open architecture counters Nvidia lock-in
Cornelis offers an open architecture that lets customers use various GPU hardware alongside its networking fabric. Competitors note that Nvidia chips are optimized for their own software, making it easier to use the full stack.
Shipping products and future plans
The company has already begun shipping its current product while working on a new generation expected later this year. Cornelis spun off from Intel in 2020 and aims to break Nvidia market dominance piece by piece.
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