Xsight Labs Secures $300M to Advance Open Programmable AI Networking Chips
Covered by 2 sources
Xsight Labs raised over $300 million at a $2.8 billion valuation to develop programmable Ethernet switches and 800G data processing units for AI and cloud data centers. Their open, efficient chips compete with proprietary solutions and are already deployed in applications like SpaceX's Starlink. The company plans to expand engineering and manufacturing efforts globally while supporting new Ultra Ethernet Consortium standards.