The speed of AI computation doubles every 3.4 months, outpacing what standard semiconductor technologies have left to offer. To accelerate exponential advances in AI across industries, a new paradigm for compute – one that is both faster and highly application-specific - is now required. Founded in 2021, Salience Labs is developing an ultra high-speed multi-chip processor that packages a photonics chip together with standard electronics. By using light to execute operations, Salience Labs delivers massively parallel, ultra-high throughput processing performance on a single chip – bringing power-efficient exascale compute to a wide array of new and existing AI processes and applications. Salience Labs is headquartered in Oxford, UK and funded by a portfolio of investors including Cambridge Innovation Capital, Oxford Sciences Enterprises, Oxford Investment Consultants, Silicon Catalyst, Deeptech Labs and leaders from the global semiconductor industry including former CEO of Dialog Semiconductor Jalal Bagherli and the Goh Family Office in Singapore.