Startup secures $145M for AI chip data transfer

Eliant, a startup company, has launched a new technology to accelerate data transfer between artificial intelligence chips through components called Chiplets. The goal is to solve the performance issues related to data transfer in chips, which lead to increased costs and long wait times for chips. The company raised $145 million in a funding round, increasing its market valuation to $1 billion. It is expected to start shipping Chiplet components during this year and to reach hundreds of millions of dollars in sales by the end of 2027. The aim is to improve the efficiency of graphics processing units and compete with Nvidia and Advanced Micro Devices.

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