Koch Disruptive Technologies, an investment firm, led a $56m Series A funding round in Celestial AI, an AI computing platforms developer, with participation from Xora Innovation fund, The Engine, Tyche Partners, M Ventures, IMEC XPand and Fitz Gate. "We are addressing the problem of our time in computing – efficient data movement. Celestial AI’s hybrid photonic-electronic platform allows us to leverage the complementary strengths of electronics for high-performance, high-precision computing and photonics for high-speed, low-power, high-bandwidth data movement. The result is transformational performance advantages relative to electronic-only systems. The ML application benefits extend beyond performance and low power to latency, user friendly software, and low total cost of ownership. Our competitive differentiation will increase with time, as AI model complexity increases, driving increased data movement," David Lazovsky, Celestial AI founder and CEO.