Nvidia Wins Multi-Year Silicon Photonics Deals, Backs UK Oxa with $103M Series D
Nvidia signed multi-year agreements with Lumentum and Coherent to commercialize silicon photonics for high-bandwidth data center interconnects. Its VC arm NVentures led a $103M Series D round in UK industrial autonomy startup Oxa, backed by a $50M UK government commitment to fuel global expansion.
1. Multi-Year Photonics Agreements
Nvidia struck multi-year contracts with Lumentum and Coherent to supply and co-develop silicon photonics components for high-speed data center interconnects over the next several years.
2. Silicon Photonics Commercialization Goals
These partnerships aim to scale production of optical transceivers using photonic integrated circuits, potentially reducing costs and improving bandwidth for Nvidia’s AI training clusters.
3. Oxa Series D Funding Round
NVentures joined a $103 million Series D financing for UK-based autonomous industrial vehicle startup Oxa, which includes a $50 million commitment from the UK National Wealth Fund and participation from BP’s venture fund.
4. Strategic Diversification and Growth Prospects
By investing in photonics and autonomous industrial mobility, Nvidia broadens its technology portfolio beyond core GPUs, positioning itself for additional revenue streams and long-term growth catalysts.