British AI chip startup raises $125m to tackle data centre power crunch

City AM ·
United Kingdom

Oxford-based chip startup Salience Labs has raised $125m (£94m) from investors including, AMD and Intel, as the race to build AI data centres has put growing pressure on electricity supplies. The funding round, led by Bullhound Capital, is set to help the British firm scale production of its photonic chips, which use light rather than [...]

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