Sunday, November 15, 2026SubscribeMastheadAbout
Cali ReporterCalifornia · National · West Coast · Good News

Advertisement

Business

Pat Gelsinger Just Backed a $100 Million Challenge to Nvidia’s AI Networking Moat. AMD Could Benefit

Former Intel CEO Pat Gelsinger is backing a startup that thinks AI's next bottleneck is not the accelerator.

Portrait of Ingrid Bauer
Real Estate & Finance · September 23, 2026
Share

AI-generated editorial illustration from an imagined camera angle.
AI-generated editorial illustration from an imagined camera angle. Source image: finance.yahoo.com.

Former Intel CEO Pat Gelsinger is backing a startup that thinks AI's next bottleneck is not the accelerator. It is everything waiting for data to arrive.

Delos Data announced on September 15 that it raised more than $100 million to develop networking chips and software for increasingly heterogeneous AI data centers. Playground Global, where Gelsinger is a general partner, joined the round.

First reported by Yahoo Entertainment.

The Cali Reporter newsletter

The stories worth your time.

California, the country, and what comes next. Join our free newsletter for reporting that keeps you informed.

By joining, you agree to receive the Cali Reporter newsletter. Unsubscribe at any time. Privacy policy.

More in Business

Advertisement