Press Release

Celestial AI Wins 2024 Global Semiconductor Alliance Start-Up to Watch Award

SANTA CLARA, Calif.–(BUSINESS WIRE)–Celestial AIā„¢, the Photonic Fabricā„¢ company, today announced that it was the recipient of the 2024 ā€œStart-Up to Watchā€ award presented by the Global Semiconductor Alliance (GSA). The annual award is presented to companies who demonstrate the potential to positively change the semiconductor industry, through the innovative use of semiconductor technology or a new application for semiconductor technology.


ā€œIt is an incredible honor to be selected as this yearā€™s Start-Up to Watch Award recipient,ā€ said Dave Lazovsky, Co-Founder and CEO of Celestial AI. ā€œOn behalf of the entire Celestial AI team, I want to thank the GSA and its members for their support. This award underscores the transformative potential of our Photonic Fabricā„¢ platform and the caliber of our world-class team as we usher in a new era of optical connectivity for Accelerated Computing.ā€

Celestial AI was selected as the recipient of this yearā€™s ā€œStart-Up to Watchā€ award by a GSA committee of leading venture capitalists and experienced industry entrepreneurs, for its innovative and transformative Photonic Fabric technology platform and customer engagement model.

Today, the explosive growth in AI models is driving the need for network solutions that enable seamless, high-bandwidth interconnects with ultra-low latency and energy efficiency to meet the demands of next-generation data center infrastructure. Celestial AIā€™s Photonic FabricTM product and technology offerings are the industryā€™s leading solution for scale-up networking and network-attached high-performance memory, enabling customers to build clusters of hundreds of XPUs with a high-bandwidth, low-latency interconnect fabric and provision terabytes of unified high-speed memory. The Photonic Fabric addresses the most critical scalability and performance chokepoints in AI processing, unleashing new use-cases and advancements in AI system performance for a sustainable future.

On behalf of the Global Semiconductor Alliance, I want to extend my heartfelt congratulations to Celestial AI on receiving the 2024 Start-Up to Watch Award,ā€ said Jodi Shelton, GSA CEO and Co-Founder. ā€œThis recognition is a testament to your groundbreaking advancements and commitment to innovation in the semiconductor industry. We are proud to celebrate your remarkable achievements and look forward to seeing your continued success as you continue to push the boundaries of AI system performance.”

The GSA Awards Celebration is the industryā€™s premier annual event, attracting more than 1500 leaders who come together to celebrate the accomplishments and honor the best-performing companies and top leaders. Each year, the GSA recognizes companies that have demonstrated excellence through their vision, strategy, execution and future opportunities.

For more information about this yearā€™s awards celebration, including the ā€œStart-Up To Watchā€ award, please visit https://www.gsaglobal.org/2024awd/.

About Celestial AI

Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform for compute and memory. The Photonic Fabric provides the foundational technology for optically scalable, disaggregated data center compute and memory to unleash advancements in AI with sustainable and profitable business models. Celestial AIā€™s Photonic Fabric delivers a transformative leap in AI system performance and energy efficiency. https://www.celestial.ai.

Celestial AI and Photonic Fabric are trademarks of Celestial AI, Inc., registered in the U.S. and other countries or regions.

About GSA:

GSA is Where Leaders Meet to establish an efficient, profitable and sustainable high-technology global ecosystem encompassing semiconductors, software, solutions, systems and services. A leading industry organization representing 300+ corporate members, including more than 120 public companies, GSA provides a unique, neutral platform for collaboration, where global executives interface and innovate with peers, partners and customers to accelerate industry growth and maximize return on invested and intellectual capital. Members of the GSA represent 75 percent of the $575B+ semiconductor industry and continue to grow. For more information, visit www.gsaglobal.org. Follow GSA on LinkedIn, Facebook, Instagram, Twitter, YouTube and WeChat.

Contacts

Media Contact
Tyler Weiland

Shelton Group Public Relations

+1-972-571-7834

tweiland@sheltongroup.com

Company Contact
Preet Virk

Co-Founder and COO

pv@celestial.ai

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