AI infrastructure company Cornelis raises $205M to chip away at Nvidia’s dominance
Cornelis, a company creating networking technology to help AI chips communicate more effectively, announced Monday that it has raised $205 million.
Cornelis, an AI infrastructure company, has secured $205 million in funding to challenge Nvidia's market dominance. The company, spun off from Intel in 2020, specializes in networking technology to enhance AI chip communication. Cornelis unveiled its Active Compute Fabric, a product aimed at optimizing GPU time by allowing chips to process and transmit data simultaneously.
The networking fabric's design enables customers to use various GPU and accelerator hardware with Cornelis' fabric, offering an open architecture alternative to Nvidia's proprietary system. Nvidia's chips can function on other networking fabrics, but they perform best with Nvidia's software, making it more appealing for customers to adopt Nvidia's complete GPU stack.
Cornelis is already distributing its product and developing an updated version slated for release later this year, contributing to the growing number of AI infrastructure companies seeking to break Nvidia's stronghold.
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