As generative artificial-intelligence models become more sophisticated and eat up more energy to produce images and videos, the electronic chips that power them are reaching their limits of speed and efficiency. Optical chips - semiconductor chips that run on light rather than electricity - could solve these problems, say researchers working in the field. Such chips, also called photonic chips, are still years away from being integrated into consumer computers and are unlikely to wholly replace electronic chips.
EFFECT Photonics has raised an additional $24M in its Series D financing round, bringing the total raised in the round to $62M. This funding milestone highlights the strong market demand for their optical solutions.
