News

Eridu founders Drew Perkins and Omar Hassen explain why legacy networking creates a bottleneck in AI data centers, severely wasting GPU investments. AI data centers are burning through billions of dollars in

May 15, 2026

Summary Santa Clara-based nEye.ai raised $80 million in Series C led by Sutter Hill Ventures, with CapitalG, M12, and Socratic Partners, bringing total funding to $152 million. The company will scale manufacturing

April 29, 2026

Frontier networking solution, purpose-built for AI, delivers order-of-magnitude leap in performance and scalability Eridu, the pioneer advancing the frontier in AI networking, today announced that it has raised more than $200M in

March 12, 2026

Open OCS to deliver high-performance AI Cluster Networking The Open Compute Project Foundation (OCP), the nonprofit organization bringing hyperscale innovations to all, today announced the formation of a new Optical Circuit Switching

July 21, 2025

Startup has raised $72.5m since founding in 2020 Silicon photonics startup nEye Systems has closed a $58 million funding round. The Series B round was led by CapitalG and saw participation from

April 11, 2025