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Raised $34M Series A (Aug 2025) with Juniper Networks and Lam Capital. First royalty revenue from integrated photonics IP expected in 2026 as customers enter production.
OpenLight Photonics is commercializing integrated photonics intellectual property for AI data center interconnects — licensing chip designs that chip companies integrate into their products and then paying royalties as those chips ship to customers. The company raised $34 million in Series A financing in August 2025 with Juniper Networks and Lam Capital as investors, with first royalty revenue expected in 2026 as early customers' chip designs enter production.
Adept AI raised $415M to pioneer computer-use AI agents; its core research and agent team moved to Amazon in 2024 in a landmark talent acquisition while the company continues developing ACT-1 for enterprise automation.
Adept AI was founded in 2022 by a team of former OpenAI, DeepMind, and Google Brain researchers to build AI that can take actions on computers — navigating software interfaces, filling forms, and executing multi-step workflows in any application. Its ACT-1 model demonstrated the ability to control web browsers and desktop applications through natural language instructions, pioneering the computer-use agent paradigm that Anthropic later commercialized with Claude's computer use feature.
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