Oxford spinout Lumai secures £1.1m grant to power optical computing revolution
Lumai, a spinout from the University of Oxford, has secured a £1.1m Innovate UK Smart Grant to develop all-optical neural networks for high-performance computing and machine vision. The grant will help Lumai develop its vision to build ONNs that could be the solution to the explosive increase in computational demand to support breakthrough AI models such as ChatGPT.