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Celero secures $275M funding, values startup above $3B+ for AI data center interconnect chip

Celero raised $275M in a funding round that values the startup at $3B+ to develop a chip for long-distance connections between AI data centers.

WHY IT MATTERS

Such a chip could allow AI training workloads to span geographically separate data centers, easing power and cooling constraints. Successful development may provide an alternative to current short-reach interconnects, influencing future data center architecture.

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The three things worth knowing

01

Celero raised $275M in a funding round.

02

The round values the company at $3B+.

03

Funds will support development of a chip for long-distance AI data center connections.

THE CLUSTER

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Techmeme Celero, which is developing a chip to enable long-distance connections between AI data centers, raised $275M at a $3B+ valuation (Dina Bass/Bloomberg) Open ↗