AI infrastructure company Cornelis raises $205M to chip away at Nvidia’s dominance
It also announced a product it calls Active Compute Fabric, a network technology that targets the fact that much GPU time is wasted waiting for data to arrive. Cornelis hopes to address this with a networking fabric that lets chips process and send information at the same time. The company, which spun off from Intel in 2020, is competing with Nvidia by offering an open architecture, meaning customers can use a variety of GPU and accelerator hardware with Cornelis’ networking fabric.
- ▪It also announced a product it calls Active Compute Fabric, a network technology that targets the fact that much GPU time is wasted waiting for data to arrive.
- ▪Cornelis hopes to address this with a networking fabric that lets chips process and send information at the same time.
- ▪The company, which spun off from Intel in 2020, is competing with Nvidia by offering an open architecture, meaning customers can use a variety of GPU and accelerator hardware with Cornelis’ networking fabric.
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| Original publisher | TechCrunch |
| Canonical URL | https://techcrunch.com/2026/09/14/ai-infrastructure-company-cornelis-raises-205m-to-chip-away-at-nvidias-dominance/ |
| Publication time | Mon, 14 Sep 2026 20:07:37 +0000 |
| Retrieval time | 2026-09-14T20:11:51.921Z |
| Last seen | 2026-09-14T20:11:51.921Z |
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| Cluster | 7c6BLYy9aMur · 1 stories |
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In Brief Posted: 1:07 PM PDT · September 14, 2026 Image Credits:Royalty-free / Getty Images Dominic-Madori Davis AI infrastructure company Cornelis raises $205M to chip away at Nvidia’s dominance Cornelis, a company creating networking technology to help AI chips communicate more effectively, announced Monday that it has raised $205 million in a funding round led by IAG Capital Partners. It also announced a product it calls Active Compute Fabric, a network technology that targets the fact that much GPU time is wasted waiting for data to arrive. Cornelis hopes to address this with a networking fabric that lets chips process and send information at the same time.
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