Today and AI chip startup called Lightmatter announced that it has received $11 million in Series A funding to accelerate development of the industry’s first chip to leverage the unique properties of light to enable fast and efficient inference and training engines. “It is rare to see true innovation in the chip industry today, but Lightmatter has done it. The importance of this groundbreaking technology cannot be overstated,” said Stan Reiss. “The Lightmatter team has applied a major scientific discovery to dramatically increase the power of AI and its reach into our lives.”