Cornelis, spun off from Intel in 2020 to build networking tech that helps AI chips communicate more effectively, raised $205M led by IAG Capital (Dominic-Madori Davis/TechCrunch)
Cornelis is funding AI networking infrastructure, not another model lab.
The Intel spinout raised $205 million in a round led by IAG Capital. Its work centers on networking technology meant to help AI chips communicate more efficiently. The company was spun out of Intel in 2020. Source: Techmeme's note
The Intel spinout raised $205 million in a round led by IAG Capital. Its work centers on networking technology meant to help AI chips communicate more efficiently. The company was spun out of Intel in 2020. Source: Techmeme's note
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