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AI networking startup Celero raises $275 million at $3 billion-plus valuation

Celero Communications has raised $275 million at a valuation above $3 billion to develop networking chips designed for AI data centers.

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Celero Communications has raised $275 million at a valuation above $3 billion to develop networking chips designed for AI data centers.

Celero raised $275m at over $3bn for chips that send AI data down fibre. It has a 2nm chip validated, but no production or customers yet.