Skip to content
AI IntelligenceSep 15, 2026Primary Market
Article

Cornelis · $205M · Cornelis

Intel spin-off Cornelis raises $205 million for AI networking tech: Cornelis, a company spun off from Intel in 2020 to build networking technology for AI chip communication, has raised $205 million. The funding round was led by IAG Capital. The company plans to use the capital to support its technology development.

Frontier EditorialSource: Techmeme
01

Source Brief

Intel spin-off Cornelis raises $205 million for AI networking tech: Cornelis, a company spun off from Intel in 2020 to build networking technology for AI chip communication, has raised $205 million. The funding round was led by IAG Capital. The company plans to use the capital to support its technology development.