CScale exits stealth with $145 million in Series C funding to develop and commercialize optical interconnect for gigawatt-scale AI. Co-led by Atreides Management and Premji Invest, the round brings the company’s total funding to $188 million, with Sutter Hill Ventures, Maverick Capital, Nvidia, and Intel Capital participating. Founded in 2023 by CTO Sanjai Kohli, the Palo Alto company has 85 employees and is designing interconnects that contain optical failures without interrupting compute.

Sep 2026 · GamesBeatNews article

AI chip startup Tenstorrent raises $100 million in convertible-note financing co-led by Hyundai Motor Group and Samsung Catalyst Fund. Hyundai Motor and Kia provide $50 million and plan to jointly develop CPUs and AI co-processors for future mobility vehicles and robots. The remaining $50 million comes from Samsung Catalyst and venture firms, with proceeds supporting product development, AI chiplet design and development, and Tenstorrent’s machine-learning software roadmap.

Aug 2023 · TechCrunchNews article