175 Views

LightSolver Seeks €12.5m for Optical Supercomputer

LinkedIn Facebook X
August 06, 2024

Get a Price Quote

Israeli startup LightSolver has recently made waves in the tech industry by securing a substantial €2.5 million grant from the European Innovation Council (EIC) Accelerator Programme. This funding is earmarked for the development of an innovative all-optical supercomputer, positioning LightSolver as a key player in the race towards more energy-efficient computing solutions.

Being among the select group of 68 companies supported by the EIC Accelerator Programme, LightSolver is now actively seeking an additional €10 million in equity investment to further propel its groundbreaking project. The competition for equity funding in subsequent rounds underscores the high stakes and intense interest surrounding LightSolver's cutting-edge technology.

The core concept behind LightSolver's ambitious endeavor is the creation of an all-optical supercomputer that surpasses the energy efficiency of conventional computers. This revolutionary system is based on a Laser Processing Unit (LPU) that utilizes all-optical coupled lasers, eliminating the need for traditional electronics in computing processes. The result is a compact yet powerful supercomputer that boasts scalability, low power consumption, and the ability to operate at room temperature.

LightSolver's CEO and co-founder, Ruti Ben-Shlomi, expressed gratitude for the opportunity to be part of the EIC-funded cohort, emphasizing the company's commitment to addressing pressing global challenges through technological innovation. Ben-Shlomi highlighted the exponential growth in global energy consumption related to computing and stressed the urgency of transitioning to a more sustainable computing model.

Ben-Shlomi further explained the advantages of LightSolver's laser-based processor, noting its superior performance in handling large and complex computations compared to traditional GPUs. Moreover, the all-optical supercomputer offers a more environmentally friendly alternative to quantum computers, as it operates without the need for vacuum chambers or ultracold temperatures, making it suitable for integration into standard data center environments.

Recent Stories