Nvidia to invest $4 billion in two photonics companies

Nvidia announced that it will invest a total of $4 billion in two companies that develop photonic technologies.

The US chip giant announced on Monday that it will invest $2 billion Lumentum and the same amount Consistent.

Lumentum is a US-based company that develops optical and photonic technologies to power the networks and infrastructure behind artificial intelligence, cloud computing and next-generation communications.

Coherent, also based in the US, develops photonic technology, which refers to the use of light (photons) to create components and systems that enable high-performance optical applications.

“NVIDIA, together with Lumentum, is developing the world’s most advanced silicon photonics to build the next generation of gigawatt-scale AI factories,” Nvidia founder and CEO Jensen Huang said in a statement.

He added that Nvidia will work with Coherent to develop next-generation silicon photonics for AI infrastructure.

This is an evolving story. Check back for updates.