Cornelis Networks Stock
| Valuation | n/a |
| Valuation Date | Sep 14, 2026 |
| Implied Valuation | n/a |
| Last Price | n/a |
| 52-Week High | n/a |
| 52-Week Low | n/a |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 3-Year Return | n/a |
| Total Funding | n/a |
| Latest Round Amount | $205M1 |
| Latest Round | Series C |
| Funding Rounds | n/a |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Cornelis Networks
Cornelis Networks is a high-performance networking company that builds interconnect hardware and software for artificial intelligence and high-performance computing clusters. Its Omni-Path product family includes SuperNICs, switches, cables and open-source OPX software that link large fleets of GPUs and servers together with low latency and high throughput. The company positions its fabric as an alternative to InfiniBand and Ethernet for demanding AI training, inference and scientific computing workloads. In 2026 it introduced Active Compute Fabric, an architecture that embeds programmable compute inside the network itself. Cornelis makes money by selling this networking hardware and support to enterprises, cloud providers, government labs and supercomputing centers. The company was spun out of Intel's Omni-Path business in 2020 and is led by CEO Lisa Spelman, a former Intel data center executive.
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News
Intel spinout raises $205M in Philadelphia region's largest VC round of year
Company officials told the Philadelphia Business Journal the $205 million raise, led by IAG Capital Partners, is part of Cornelis Networks' Series C offering. Valuation was not disclosed.
AI infrastructure company Cornelis raises $205M to chip away at Nvidia's dominance
Cornelis Networks raised $205 million led by IAG Capital Partners and unveiled Active Compute Fabric networking for scale-up AI infrastructure.
Cornelis Expands into Scale-Up Networking with Active Compute Fabric, $205M in Funding, and Qualcomm Collaboration
Cornelis announced $205 million in funding alongside its Active Compute Fabric launch and a collaboration with Qualcomm on rack-scale AI data center designs.
Cornelis Networks raises $205M and scales up and out with its new Active Compute Fabric
Cornelis Networks raised approximately $205 million led by IAG Capital Partners and launched Active Compute Fabric, an architecture that builds programmable compute into the network for scale-up and s...
US supercomputer taps Intel spinout Cornelis Networks for networking chips
Cornelis, an Intel spinout developing networking technology aimed at data centers, on Tuesday said that its chips are now being used by a U.S. supercomputer used for nuclear weapons work.
Cornelis Networks releases tech to speed up AI datacenter connections
Cornelis Networks launched its CN5000 family of networking hardware and software, built on the Omni-Path architecture to link up to half a million AI chips. The 400Gbps products began shipping to init...