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Silicon Photonics Revolution: Nvidia’s Jankowski Joins Lightmatter

by Team Lumida
July 2, 2024
in AI
Reading Time: 3 mins read
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Silicon Photonics Revolution: Nvidia’s Jankowski Joins Lightmatter

Source- SBS Comms: Lightmatter

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Key Takeaways:

  1. Simona Jankowski leaves Nvidia to become CFO at Lightmatter Inc.
  2. Lightmatter aims to revolutionize AI computing with silicon photonics.
  3. Lightmatter raised $155 million, targeting mainstream adoption.

What Happened?

Simona Jankowski, Nvidia’s Vice President, is transitioning to Lightmatter Inc. as Chief Financial Officer. After nearly seven years at Nvidia, Jankowski now joins a promising startup focused on AI computing. Lightmatter, founded in 2017 and headquartered in Mountain View, California, raised $155 million last year at a $1.2 billion valuation.

The company aims to revolutionize computing by using silicon photonics to replace traditional copper wire connections, making chips faster and more efficient.

Why It Matters?

Jankowski’s move to Lightmatter highlights a significant shift in the semiconductor industry towards AI and photonic computing. Her extensive background in strategic finance and investor relations at Nvidia positions her to drive Lightmatter’s growth. Silicon photonics is considered a groundbreaking technology, yet it hasn’t scaled due to manufacturing challenges.

However, Lightmatter’s advancements could change that, potentially making this technology mainstream and disrupting traditional chipmaking methods. CEO Nick Harris believes their products will soon be integrated into some of the world’s largest data centers, signaling a potential market shift.

What’s Next?

Investors should watch for Lightmatter’s market traction and partnerships with major data centers, as these could be pivotal for mainstream adoption. The company is nearing self-sustainability but will continue to leverage available capital for growth. Lightmatter’s focus on AI computing aligns with industry trends that demand more efficient processors due to the growing data and energy needs.

As Lightmatter scales, it could position itself as a major player, potentially rivaling companies like Mellanox Technologies, which Nvidia acquired for $7 billion. Jankowski’s expertise could be a catalyst for this ambitious growth trajectory.
https://www.bloomberg.com/news/articles/2024-07-01/nvidia-s-jankowski-takes-cfo-job-at-chip-startup-lightmatter

Source: Bloomberg
Tags: AIBiotechNvidiaSilicone
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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

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