Celero raises $140 million from Alphabet's CapitalG fund, others for AI networking chip

Core Insights - Celero Communications, a U.S. startup founded by veterans of the networking industry, has successfully raised $140 million to develop a chip aimed at connecting artificial intelligence data centers [1] Company Summary - The funding of $140 million will be utilized to build a chip that facilitates the linking of AI data centers, indicating a strong focus on enhancing infrastructure for AI applications [1] Industry Summary - The initiative reflects a growing trend in the technology sector, particularly in the AI domain, where efficient data center connectivity is becoming increasingly critical [1]