backed Ayar Labs raises $500 million at $3.75 billion valuation
Published on: March 3, 2026, 7:13 p.m. | Source: The Economic Times
Ayar Labs, supported by Nvidia, has secured $500 million in a new funding round. This brings their total funding to $870 million. The company develops chips that use light for data transmission. This technology aims to speed up AI computing by connecting chips with memory. Ayar Labs plans to use the funds to boost production and expand globally.
