Chiplet Maker Eliyan Raises $145 Million

The Santa Clara startup Eliyan has officially raised $145 million in new funding. This latest round values the company at one billion dollars. Major investors like Cisco and Lumentum joined the deal.
The company currently builds electrical connections for computer chips. This fresh cash will help them expand into optical technology. They want to make data move much faster between AI processors.
This move aims to solve speed bottlenecks in massive data centers. The company plans to use the money to grow its engineering team. They are positioning themselves to lead the next wave of AI hardware.
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