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Alphabet leads 58 million funding in AI chip startup nEye Systems
NEye Systems, an Emeryville-based startup, has secured $58 million in funding led by CapitalG, Alphabet's growth-stage fund. The company is developing optical circuit switch chips designed to enhance performance and energy efficiency in AI data centers by using light for data transmission, potentially reducing energy consumption significantly. This investment highlights the growing demand for innovative solutions to meet the escalating energy requirements of AI infrastructure.
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