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This is iPronics, the Valencian company in which giant Nvidia has invested.

The technology company, which works on improving the efficiency of data centers, has just closed a 107 million financing round with the chip firm, Criteria, Maverick Silicon and Light Street.

Translated from Spanish Read in Spanish

elpais.com ·

This is iPronics, the Valencian company in which giant Nvidia has invested.

Spanish start-up iPronics has closed a significant funding round, securing $125 million (over €107 million). The investment is notable due to the involvement of tech giant Nvidia, which has made its first major investment in the Spanish tech sector. iPronics develops optical switches that connect thousands of graphics processing units (GPUs) in AI data centers. With this deal, Nvidia has taken a stake in the company.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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