Cornelis Networks raises $205M to challenge Nvidia with new AI fabric tech

·3 views

AI infrastructure startup Cornelis Networks has raised $205 million in fresh funding aimed at competing with Nvidia's dominance in the AI hardware space. Alongside the funding announcement, the company unveiled a new product called Active Compute Fabric. The technology is designed as a networking solution that addresses a key inefficiency in GPU computing, where processors frequently sit idle waiting for data to be delivered. By targeting this bottleneck, Cornelis hopes to improve overall AI compute performance and utilization.

Read the full story at TechCrunch

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Trump Calls Nvidia CEO Onstage, Dismisses Calls for AI Regulation

Former President Donald Trump phoned Nvidia CEO Jensen Huang during a live onstage appearance in Los Angeles. The unexpected call took place while Huang was addressing an audience at the event. Trump used the opportunity to criticize efforts to slow down artificial intelligence development. He also pushed back against calls for increased AI safety regulation. The moment drew significant attention given the growing national debate around AI oversight.

0 comments Read more at NYT Technology

TechnologyThe Verge ·

Jensen Huang Puts Trump on Speakerphone at All-In Summit to Dismiss AI Fears

Nvidia CEO Jensen Huang took a live call from President Trump while onstage at the All-In Summit on Monday, placing the call on speakerphone for the audience. Trump addressed growing public concerns about artificial intelligence, calling fears over the technology a 'hoax' and asserting that robots would not take over the world. It was not the first time Huang has received a call from the president during a public appearance. The moment came amid a busy week for AI news, following Anthropic CEO Dario Amodei's weekend essay titled 'We Must Pace the Frontier,' in which he advocated for a slower approach to AI development.

0 comments Read more at The Verge

TechnologyThe Verge ·

Valve's Steam Frame VR Headset Launches at $1,059 Due to Rising Hardware Costs

Valve has released its Steam Frame virtual reality headset, priced at $1,059. The company originally intended the device to be significantly more affordable, but rising global RAM and storage costs forced the price higher. Valve developer Jeremy Selan acknowledged the challenge, stating the team worked hard just to reach the current price point. The situation mirrors Valve's Steam Machine, which was also sold at cost for $1,049. Developer Pierre-Loup Griffais hinted in a separate interview that the Steam Frame may similarly be priced at or near cost.

0 comments Read more at The Verge

TechnologyArs Technica ·

OpenAI Remains in Musk Antitrust Lawsuit as Apple Exits the Case

Elon Musk's antitrust lawsuit against OpenAI continues, even as Apple has managed to extricate itself from the legal action. Musk had previously targeted Apple as part of the suit, apparently in connection with its integration of ChatGPT into its products. Apple found a legal pathway out of the case, while OpenAI remains a defendant. Musk appears to have dropped his opposition to Apple's ChatGPT integration but is pressing ahead with his claims against OpenAI itself.

0 comments Read more at Ars Technica