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Cornelis Networks Raises $205 Million to Challenge Nvidia's Grip on AI Cluster Networking

Cornelis Networks Raises $205 Million to Challenge Nvidia’s Grip on AI Cluster Networking

Cornelis Networks, an Intel spinoff, raised $205 million to scale up its GPU-agnostic Active Compute Fabric networking technology, positioning itself as an alternative to Nvidia's dominant InfiniBand and NVLink interconnects. The bet reflects growing investor interest in AI cluster networking as a chokepoint separate from the chips themselves.

Nvidia and Google Just Formed a Coalition to Get AI Data Centers Onto the Power Grid Faster

Nvidia and Google Just Formed a Coalition to Get AI Data Centers Onto the Power Grid Faster

Nvidia, Google and Emerald AI launched the AI Energy Management Alliance on September 16, 2026, a coalition of 20-plus companies pushing for data centers that can flex their electricity use to win faster grid connections. The move comes amid a summer of gigawatt-scale AI power deals, with supporters calling it a cheaper alternative to massive grid buildouts and skeptics questioning whether frontier AI workloads can really be throttled on demand.

Qualcomm Hands Amazon a $4 Billion Warrant to Break Nvidia's Grip on AI Data Centers

Qualcomm Hands Amazon a $4 Billion Warrant to Break Nvidia’s Grip on AI Data Centers

Qualcomm and Amazon Web Services unveiled a multi-generation custom AI chip partnership on September 8, 2026, with Qualcomm issuing Amazon warrants worth up to $4 billion tied to as much as $60 billion in future silicon purchases. The deal marks Qualcomm's most credible push yet into AI data centers and Amazon's latest step toward reducing its reliance on Nvidia GPUs, though analysts caution the huge purchase figures remain unproven commitments.