Eliyan
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Headlines · 1
- AI chip interconnect startup Eliyan draws takeover interest, held early talks with Arm
Eliyan, a five-year-old startup whose technology lets separate chips inside an AI system communicate faster and more efficiently, has told some investors in recent days that it received a takeover bid, according to The Information. The company, valued at $1 billion in July, has worked with an investment bank since the summer and is likely aiming for a $3 billion valuation. SoftBank-owned Arm, an existing investor, held early talks about a possible purchase but did not make a bid and would be unlikely to do so at that valuation, a person familiar said.
The Information · 🔥 5
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