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“They recently acquired Celestial AI for as much as $5.5 billion.”
“Celestial is a startup which focuses on developing optical interconnect hardware which it calls a photonic fabric to connect high performance computers together which is a technology that's needed for the faster and faster speeds that AI needs to communicate.”
“the newest acquisition for Marvell, Celestial ai, which is not an AI chat bot. It is a startup founded in 2020, so a pretty new company that suddenly is going to be purchased for upwards of 5.5 billion if these certain revenue milestones are reached through fiscal year 2029.”