Overview
Upscale AI, an AI networking startup, has raised $200 million in Series A funding to compete with Nvidia's NVSwitch in rack-scale AI systems. The funding aims to develop new network switches designed for AI workloads, challenging existing solutions from competitors like Cisco and AMD. Key investors include Intel Capital and Qualcomm Ventures.
Products
Loading...
Recent Deals
Investors: Intel Capital, Qualcomm Ventures
Upscale AI, an AI networking startup, has raised $200 million in Series A funding to compete with Nvidia's NVSwitch in rack-scale AI systems. The funding aims to develop new network switches designed for AI workloads, challenging existing solutions from competitors like Cisco and AMD. Key investors include Intel Capital and Qualcomm Ventures.
Investors: Tiger Global, Premji Invest, Xora Innovation
Upscale AI, a Santa Clara-based startup, has raised an oversubscribed $200 million in a Series A funding round, bringing its total funding to over $300 million and achieving a unicorn valuation. The investment, led by Tiger Global, Premji Invest, and Xora Innovation, aims to address networking challenges in AI data centers by providing high-performance, open-standard solutions that unify AI clusters. The funding will support the expansion of engineering, sales, and operations teams as the company prepares for commercial deployment.