Bill Gates and Travis Kalanick invest in A.I. chip start-up using light to move data

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Bill Gates and Travis Kalanick invest in A.I. chip start-up using light to move data
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Luminous wants to use silicon photonics -- a way to move data quickly with light -- to build a chip that can outperform Google's latest AI hardware. Big names are signing on.

The investment shows key figures in the technology industry believe there is still an opportunity for a new standard to emerge when it comes to hardware for AI, which can be incorporated into a variety of software applications.

"I always prefer to bet on a talented young team over a big established company. While there's certainly a ton of risk, that's what makes it worth investing now: if the race was already over, it would be too late to invest," Partovi told CNBC via email. Google's entry into the AI silicon business was itself a bold development. The company took matters into its own hands, rather than relying on thegraphics cards that have become popular among AI researchers for training AI models with vast supplies of data. Google's public cloud now features its own TPUs; the company hasn't started selling these chips to other companies.

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