Startup Raises $700 Million to Replace Data-Center Wires With Light

Lumilens raised more than $700 million at a $5.5 billion valuation to accelerate deployment of optical networking technologies designed to address growing AI infrastructure bottlenecks. Seligman Ventures Managing Partner Umesh Padval notes that as AI systems scale to thousands of interconnected processors, networking has become one of the most important constraints on performance, creating demand for new approaches that can move data faster and more efficiently. Read more about the company and the future of AI connectivity in the full article.