| Founded | 2017 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Hardware |
| Collapse type | Mass Layoff Spiral |
| Founder | Nicholas Harris, Darius Bunandar |
Lightmatter
"A photonic AI chip startup discovered optical computing still can't beat Nvidia on price-performance."
Cascading layoffs that accelerated the decline
Key Events Timeline
Lightmatter raised $270M to build photonic AI accelerator chips called Envise and an optical interconnect system called Passage.
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