Point2 Technology Revolutionizes Interconnect Technology with $23 Million Series B Funding
February 20, 2024, 10:20 am
Point2 Technology, a trailblazer in ultra-low-power, low-latency mixed-signal SoC solutions, secures a $22.6 million Series B extension from Bosch Ventures and Molex, signaling a shift in AI/ML data center and automotive connectivity.
The surge in AI infrastructure investment is propelling data center capex to new heights, with a projected $500 billion expenditure by 2027. Point2's cutting-edge interconnect chips are set to transform the data center switch market, driving a 50% increase in interconnect silicon demand.
Partnering with Molex, Point2 is commercializing its E-Tube technology, a game-changer in multi-terabit active cables. E-Tube's RF data transmission over plastic dielectric waveguide promises 50% reduced power consumption and costs, with picosecond latencies that outshine traditional copper and optical cables.
Generative AI and large language models like ChatGPT are reshaping industries, fueling the need for enhanced computing resources and network interconnect capacity. In the automotive realm, ADAS systems are embracing network-centric architectures, necessitating low-power, low-latency interconnect solutions.
Point2's Cloud Connect Engines are lauded for their 40% power savings and reduced bulkiness in active electrical cables, positioning the company as a frontrunner in the interconnect technology landscape.
With support from industry giants Bosch and Molex, Point2 is poised to redefine interconnect infrastructure in AI/ML data centers and automotive applications. The company's innovative solutions are primed to revolutionize connectivity, paving the way for a future where high-performance, energy-efficient interconnect is the norm.
The surge in AI infrastructure investment is propelling data center capex to new heights, with a projected $500 billion expenditure by 2027. Point2's cutting-edge interconnect chips are set to transform the data center switch market, driving a 50% increase in interconnect silicon demand.
Partnering with Molex, Point2 is commercializing its E-Tube technology, a game-changer in multi-terabit active cables. E-Tube's RF data transmission over plastic dielectric waveguide promises 50% reduced power consumption and costs, with picosecond latencies that outshine traditional copper and optical cables.
Generative AI and large language models like ChatGPT are reshaping industries, fueling the need for enhanced computing resources and network interconnect capacity. In the automotive realm, ADAS systems are embracing network-centric architectures, necessitating low-power, low-latency interconnect solutions.
Point2's Cloud Connect Engines are lauded for their 40% power savings and reduced bulkiness in active electrical cables, positioning the company as a frontrunner in the interconnect technology landscape.
With support from industry giants Bosch and Molex, Point2 is poised to redefine interconnect infrastructure in AI/ML data centers and automotive applications. The company's innovative solutions are primed to revolutionize connectivity, paving the way for a future where high-performance, energy-efficient interconnect is the norm.