Chip startups using light instead of wires gaining speed and investments


A view of a PsiQuantum Wafer, a silicon wafer containing thousands of quantum devices, including single-photon detectors, manufactured via PsiQuantum's partnership with GlobalFoundries in Palo Alto, California, U.S., in an undated photo taken in March 2021. PsiQuantum/Handout via REUTERS T

(Reuters) - Computers using light rather than electric currents for processing, only years ago seen as research projects, are gaining traction and startups that have solved the engineering challenge of using photons in chips are getting big funding.

In the latest example, Ayar Labs, a startup developing this technology called silicon photonics, said on Tuesday it had raised $130 million from investors including chip giant Nvidia Corp.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Perplexity raising new funds at $9 billion valuation, source says
Trump Media reports $19 million loss in third quarter on TV streaming costs
Super Micro shares fall as server maker misses sales targets, annual filing uncertain
Apple set to face fine under EU's landmark Digital Markets Act, sources say
Amazon CEO denies full in-office mandate is 'backdoor layoff'
Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers
Google defeats lawsuit over gift card fraud
Russian court fines Apple for not deleting two podcasts, RIA reports
GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
Emerson sharpens automation focus with offer for rest of AspenTech in $15 billion deal

Others Also Read