Oxford University spinout Lumai secures £1.1m Innovate UK Smart Grant to power optical computing revolution

–         Oxford start-up to bring optical neural networks to the UK market, which can be 1000x faster than traditional approaches London, UK, 16th February 2023: Lumai, the start-up unlocking the potential of optical computing, today announced that it has been awarded a prestigious Innovate UK Smart Grant to commercialise its ground-breaking work in all-optical network training and deep optics for faster, more efficient computing. Spinning out of The University of Oxford in January 2022, Lumai is developing all-optical neural networks for next-generation artificial intelligence (AI). With £1.1m in Smart funding…

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