Altair Leads Seed Funding for Xscape Photonics with $10 Million Investment

TROY (Mich.), Dec. 20, 2022 /CNW/ - Altair ALTR, a world leader in computational science (AI) and artificial intelligence (CS), has invested $10M in Xscape Photonics. This start-up developed patented technology to enable ultrahigh-bandwidth connections within data centers and high performance computing (HPC). Xscape developed a platform to connect various computing elements in a sustainable manner while delivering the best possible performance. This innovative approach uses photonics to dramatically reduce heat and power consumption, while increasing speed and power of communications. All this to support the huge increase in data transfer from chip to chip, node-to-node and more. Aligning with Altair's past in adopting high-performance computing, and tying software innovation to advances in HPC hardware will allow us continue pushing the boundaries of technology and helping our customers accelerate their rate of innovation. Photonics has great potential as it allows for high-speed data transfer, which is important for software that supports simulation, HPC and AI. Future needs will require more simulation and computing power to enable greater analysis, higher productivity, lower costs, better products and faster time-to market. Rickey Professor in Applied Physics at Columbia University. World leader in nonlinear photonicsKeren Berman - cofounder; professor, Columbia University. Vivek Raghunathan – co-founder, senior principal engineer, Product Architecture at Silicon Photonics Founding team at Broadcom; led Intel’s First SiPh Product RampYoshi Okawachi – co-founder, research scientist at Columbia University. A world leader and innovator in photonic frequency-comb technology, we are proud to revolutionize the future. "The partnership with Altair will enable us to push the boundaries and integrate our platform with the best simulation, HPC and AI software in order to help customers from all industries take their innovations up to new heights. Altair is a global leader of computational science and artificial Intelligence (AI). It provides cloud and software solutions for simulation, high-performance computing, data analytics and AI. Visit URL for more information. View original content to download multimedia:URL.htmlSOURCE Altair View original content to download multimedia: URL.html