Breaking

Eliyan Draws Acquisition Interest as AMD, Cisco, Meta Back AI Chip Interconnect Startup

October 9, 2026 at 17:01 EDT

Foundation Models
Infra & Chips
Funding & M&A

Optical interconnect startup Eliyan has disclosed acquisition interest to investors, seeking a $3 billion valuation just months after raising $145 million at a $1 billion Series C.

AI Infrastructure · October 2026

Eliyan Seeks Acquisition at $3B

Optical interconnect startup valued at $1B in July now drawing buyout interest as AI chipmakers race to solve data-transfer bottlenecks.

GPU Utilization: The Real Bottleneck

30–40%

Current GPU utilization

100%

Theoretical max

Data transfer limits prevent full processor utilization. Eliyan's optical interconnects aim to narrow this gap.

Bandwidth Performance: Chiplet Interconnect Leaders

40 Gbps

5nm

64 Gbps

3nm (latest)

Eliyan's newest PHY achieves 64 Gbps per bump, up from 40 Gbps in earlier 5nm implementation—industry-leading performance.

Market Demand: Optical Transceiver Shipments (Millions of Units)

24M

2025

63M

2026

800G+ optical transceivers nearly triple in one year, reflecting industry demand for interconnect solutions.

Key Milestone

Eliyan raised $145M at a $1B valuation in July 2026, bringing total capital to $280M+ with backing from AMD, Cisco, Meta, Arm, Intel, Micron, Samsung, and SK Hynix.

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