![]() ![]() Just last month, San Jose, California-based Celestial AI, a developer of data center and edge AI computing solutions, closed a $56 million Series A. Sunnyvale, California-based AI computer system developer Cerebras raised a $250 million Series F last November. Hochberg, who founded ventures including Luxtera - now part of Cisco Systems, and Elenion - since acquired by Nokia - joins Luminous just a couple of weeks after the Mountain View firm emerged from stealth mode with news of a 105 million funding round supported by Bill Gates and Gigafund, among others. Luminous is not the only company looking at this problem-or attracting investor interest. Microsoft co-founder Bill Gates believes. We just don’t have the hardware that can run those algorithms.” will change the world more and faster than his personal computing revolution. What’s frustrating is that we have the software to address monumental, revolutionary problems that humans can’t even begin to solve. We can interact with computers in natural language and ask them to write a piece of code or even an essay, and the output will be better than most humans could provide. “It’s an incredible time to be a part of the AI industry,” said Marcus Gomez, CEO and co-founder of Luminous. Luminous is building a supercomputer capable of running more sophisticated AI applications-something difficult for most companies that can’t afford the expensive, power-consuming hardware currently needed to run complex AI systems. ![]() Founded in 2018, the company has raised $115 million to date, according to Crunchbase data. This news follows the company’s emergence from stealth mode with the announcement of 105M Series A Round from investors like Gigafund, Bill Gates and more. Other investors in the round include Gigafund, 8090 Partners, Neo, Third Kind Venture Capital, Alumni Ventures Group, Strawberry Creek Ventures, Horsley Bridge, Modern Venture Partners and others. Mountain View, California-based Luminous Computing closed a 105 million Series A Thursday from investors including Microsoft co-founder Bill Gates as AI. ![]()
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