Xsight Labs raises more than $300 million for open AI networking chips
Fidelity led the round at a $2.8 billion valuation as Xsight Labs scales programmable Ethernet switches and 800G DPUs.
By Ryan Merket · Published
Primary source: PR Newswire
Why it matters
AI data centers are turning networking and power into board-level constraints. Xsight Labs now has the capital to challenge incumbent chip platforms, though its valuation depends on converting mostly unnamed customer evaluations into production orders.
Xsight Labs, the networking-silicon maker co-founded by Gal Malach and now led by CEO Yossi Meyouhas, closed more than $300 million at a $2.8 billion post-money valuation.…
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