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Nexthop AI launches with $110 mn in funding led by Lightspeed Venture

The network has historically played a critical role in underpinning each wave of technology innovation, including mainframe to PC, client-server to cloud, and now the AI wave

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Shivani Shinde Mumbai

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Nexthop AI, the company building the next generation of artificial intelligence (AI) infrastructure for cloud companies, launched from stealth today with $110 million in funding led by Lightspeed Venture Partners. Additional investors include Kleiner Perkins, WestBridge Capital, Battery Ventures, and Emergent Ventures.
 
This funding will accelerate the development of Nexthop AI's networking solutions for cloud and hyperscale AI clusters.
 
To facilitate the staggering scale requirements of AI training and inference, hyperscalers are spending billions in evolving their GPU and networking deployments with upwards of two gigawatts of capacity annually. These companies also require highly optimised hardware and software infrastructure tunable