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Nexthop AI Raises $500M Series B for AI Networking Infrastructure — Open-Source Switching for AI Data Centers
Nexthop AI closed a $500M Series B to develop switching technology built on open-source operating systems specifically optimized for AI and cloud networking workloads. This is infrastructure-layer investment that enables the AI agent explosion — better networking means faster model inference, lower latency for agent orchestration, and more efficient GPU cluster communication. The round signals continued massive capital flow into AI infrastructure even as application-layer SaaS valuations compress.
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