News Summary

AMD has acquired Enosemi, a Silicon Valley-based startup specializing in silicon photonics, to advance its AI ambitions. Enosemi develops photonic integrated circuits, which utilize light to transmit data more efficiently than traditional electrical communication. This acquisition is expected to accelerate AMD’s innovations in co-packaged optics for AI systems, addressing the growing need for faster data movement as AI models become more complex. Founded in 2023 by Ari Novack and Matthew Streshinsky, Enosemi raised $150,000 in venture capital and had 16 employees at the time of the acquisition. This move follows AMD’s major deal to acquire ZT Systems and its significant investments in AI technology, which generated $5 billion in chip revenue in 2024.