AI & Enterprise
Upscale AI raises $200 million to develop AI network scaling chip
AI networking chip developer Upscale AI has raised $200 million, SiliconANGLE reported on Tuesday. The round was led by Tiger Global, Premji Invest and Zora Innovation, with participation from the venture capital arms of Intel and Qualcomm. Upscale AI\'s cumulative funding has topped $300 million. The company is developing SkyHammer, a networking chip designed to optimise connections within racks in AI clusters and provide deterministic latency and real-time telemetry.
