Eridu Secures $200M to Develop Innovative AI Network Switch
Eridu Corp. has raised $200 million in Series A funding to commercialize a new network switch aimed at overcoming AI networking bottlenecks. The round was led by Socratic Partners and included investments from MediaTek and Taiwan Semiconductor Manufacturing Co. The new switch architecture promises significant performance improvements, allowing for larger AI workloads while reducing latency and power consumption. The funding will accelerate development and recruitment efforts for the company’s product, which is being shaped in collaboration with leading hyperscalers.
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Eridu Corp. raised $200 million in Series A funding to develop a new network switch designed to enhance AI workloads. Led by Socratic Partners, the investment included participation from MediaTek and Taiwan Semiconductor Manufacturing Co.
The switch aims to address limitations in existing networking solutions that cannot handle the increasing demands of AI data traffic. It features a clean-sheet silicon architecture that enables a single switch to replace multiple lower-level switches, reducing latency and power consumption. The funding will support development and recruitment as Eridu prepares to market the switch, which has garnered interest from leading hyperscalers.
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