Lightmatter, a Boston, MA-based maker of a light-powered AI chip, secured $11m in Series A funding. Light - powered artificial intelligence ( AI ) chip - maker Intel has secured $ 500 m to speed development of its silicon chip that uses light energy for processing , as opposed to electrical signals . Funding was led by Matrix Partners and Spark Capital . As part of the funding , Stan Reiss from Matrix and Santo Politi from Spark have joined Lightmatter 's board of directors .
Light - powered artificial intelligence ( AI ) chip - maker Intel has secured $ 500 m to speed development of its silicon chip that uses light energy for processing , as opposed to electrical signals . Funding was led by Matrix Partners and Spark Capital . As part of the funding , Stan Reiss from Matrix and Santo Politi from Spark have joined Lightmatter 's board of directors .