SEA Deal Ticker
Singapore's state investor went shopping one layer below the GPU: EDBI joins Lumilens' $700M round
The US optical-interconnect startup left stealth at a $5.51 billion post-money valuation, with EDBI and Peak XV joining a round that lifts its total funding past $900 million.
Positive-sum angle: Singapore sits downstream of every cluster it hosts. Owning a slice of the wiring that links GPUs is cheaper than paying the margin on it for the next decade.