Bill Gates, Gigafund and more Back Luminous Computing - Techfunnel

Bill Gates, Gigafund and more Back Luminous Computing

Luminous Computing

Luminous Computing – the startup aiming to build a photonics chip to handle workloads needed for lightning speed AI, announced that it has completed its $9 Million seed funding round.

The round was led by Microsoft’s Co-Founder Bill Gates, Neo’s Ali Partovi and Luke Nosek and Steve Oskoui of Gigafund. The round also witnessed participation from new investors, including Travis Kalanick’s fund 10100, BoxGroupUber CEO Dara Khosrowshahi and Emil Michael, as well as pre-seed investors Class 5 Global, Joshua Browder, Ozmen Ventures, Schox Investments, and Third Kind Venture Capital.

Luminous Computing was co-founded in 2018 by Chief Strategist Michael Gao, CEO Marcus Gomez, and CTO Mitchell Nahmias. Nahmias’ research at Princeton University is the basis of the chip.

The company’s approach is based on using light to move a dense amount of data and multiple giant arrays of numbers instantly. The idea is that by using photonics, the major bottlenecks of traditional processors will be removed. As part of his thesis, Nahmias built photonic integrated circuits for computing and became a founding researcher in the field of neuromorphic photonics.

“While many photonics research efforts focus on general-purpose data movement, Luminous appropriately targets the AI computer market, which is where the demand is,” Partovi of NEO said.

“Training an AI system still takes days, when it should take just minutes,” Gomez told TechCrunch in a recent interview. Gomez said that their goal is “to ship a single chip that will replace the computing power of 3,000 boards containing Google’s Tensor processing units (TPU).”

The 7-person company plans to use this new round of capital to grow its team and to specifically hire people who have experience in the semiconductor industry. The company is aiming to ship development kits within the next few years.

Megha Shah
Megha Shah
A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!