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Celestial AI’s round is the latest display of how eager investors are to back hardware startups developing tech for artificial intelligence

posted on Mar 27, 2024 01:10PM

Chip Company Helping Power AI Raises $175 Million - WSJ

Chip Company Helping Power AI Raises $175 Million

Celestial AI’s round is the latest display of how eager investors are to back hardware startups developing tech for artificial intelligence

By Marc Vartabedian

March 27, 2024 6:00 am ET|WSJ PRO

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Celestial AI co-founder and Chief Executive Dave Lazovsky says the company’s funding rounds show it can tap venture capital essentially at will given the hot market for backing AI-related companies. PHOTO: CELESTIAL AI

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