Eliyan raises $145 million at $1 billion valuation to ease AI chip data bottlenecks

Eliyan has raised $145 million at a $1 billion valuation to address data bottlenecks in AI chips. The company's innovative interconnect technology is designed to accelerate the evolution of AI infrastructure, potentially impacting the strategies of major semiconductor players. This funding aims to resolve critical data flow issues within AI hardware, supporting the broader development of high-performance computing systems and the scaling of artificial intelligence capabilities across the industry to ensure efficient processing.