Lightmatter’s power-efficient photonic technologies are emerging at a key time for cloud service providers (CSPs). Think of it this way, the company says: As generative AI systems proliferate across industries, the energy consumed and capital needed to run these algorithms is rising exponentially. The result is excessive heat loads, stagnant performance per watt, and increasing operating costs.
Lightmatter co-founder and CEO Nick Harris says the company’s photonic technologies avoid those challenges in an energy-efficient way. In a prepared statement, he said: “Rapid progress in artificial intelligence is forcing computing infrastructure to improve at an unprecedented rate. The energy costs of this growth are significant, even on a planetary scale. Generative AI and supercomputing will be transformed by photonic technologies in the coming years, and our investors, partners, and customers are aligned with Lightmatter’s mission of enabling the future of computing infrastructure with photonics.”
Harris is backed by a growing roster of seasoned brainpower. Key hires in 2022, the company notes, included:
The hires won’t end there. Additional Lightmatter employment opportunities across product, R&D and engineering are available, the company notes.
Lightmatter’s Total Funding to Date, Beta Testing Plan
With this round, Lightmatter has raised more than $270 million to date. Lightmatter’s technology is now in beta, and mass production is planned for 2024, according to TechCrunch.
