Delos Data Raises $100M for AI Networking Chips — SkimNews

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- Delos Data raised $100 million in a funding round announced on Tuesday, with Matrix, Playground, Socratic Partners, and others participating as investors.
- The startup develops network chips and software designed to connect AI chips within a data center, per the source.
- Delos Data was founded by veterans of Intel Corp (INTC.O), the source notes.
- The funding positions Delos Data in the AI infrastructure stack specifically targeting the interconnect layer between AI processors.
Why it matters: Delos Data's $100M round lands in one of the hottest segments of AI infrastructure — the networking fabric connecting AI chips — and is led by ex-Intel talent betting they can compete against established players like Nvidia in the data center interconnect market.
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