Xsight Labs raises over $300M at a $2.5-2.8B valuation for AI data center networking chips, as investors target a $150B market by 2028.

Eliyan raised a $145m Series C at a $1bn valuation to fix the data bottleneck between AI chips, adding Cisco and Lumentum for its optical push.

Graphics processing units are all the rage, but startups developing the networking equipment that connects GPUs to one other are getting some love from investors, too. The latest…