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AI & Enterprise

Nvidia to invest $2 billion in Marvell to expand AI chip networking technology

Nvidia will invest $2 billion in Silicon Valley chipmaker Marvell, the Financial Times and Bloomberg News reported on Tuesday. The move aims to strengthen competitiveness in networking technology linking AI data centres. The two companies will jointly develop silicon photonics to upgrade data centre networking systems and increase data transmission speeds. Marvell has supported U.S. cloud service companies, including Amazon, in designing in-house AI chips.

AI & Enterprise

Candu AI raises $225 million, aims to ease AI chip bottlenecks with copper instead of optics

Swiss semiconductor company Candu AI has raised $225 million in a Series A round, The Next Web reported. The round was led by Maverick Silicon, with SoftBank, Synopsys, Cadence Design Systems and Alchip Technologies as strategic investors. Candu AI was valued at $400 million in the round. The company says copper is still viable, claiming its approach can boost link speeds and sharply reduce power use and system costs.