Cornelis raises $205M to challenge Nvidia with open AI fabric — SkimNews
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- Cornelis raised $205 million in a funding round led by IAG Capital Partners to advance its AI networking technology
- Cornelis launched Active Compute Fabric, a network system designed to reduce idle GPU time by enabling chips to process and transmit data simultaneously
- Cornelis is offering an open architecture that supports multiple GPU and accelerator brands, contrasting with Nvidia’s tightly integrated stack
- Cornelis has already begun shipping its product and is developing a next-generation version expected later this year
Why it matters: Cornelis’ open approach gives data centers more hardware flexibility, potentially lowering reliance on Nvidia’s proprietary ecosystem. With $205M secured and products shipping, it gains real traction in a market where even small efficiency gains translate to major cost savings at scale.
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