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Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications

Published Sep 27 2021 at 2:59 PM GMT
Key
Points
  • As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs.
  • Machine learning and other artificial intelligence applications add even more complexity.
  • Now a startup that has built technology to make that process move faster and more.




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  • Published Sep 27, 2021 2:59 PM GMT