Slide 1: Photonics-AI
Photonics-AI Powering the shift into photonics connectivity in AI computing Vickram Vathulya President & CEO vickram.vathulya@sivers-semiconductors.com October 2024
Slide 2: Safe Harbor Disclosure
Safe Harbor Disclosure This presentation has been prepared by Photonics-AI Semiconductors AB (“Photonics-AI," the "Company," "we," "us," "our" or similar terms) for informational purposes only and not for any other purpose. This presentation is not a prospectus and is not an offer to sell, nor a sol
Slide 3: Today's Presenters
Today’s Presenters Vickram Vathulya President & CEO Sivers Semiconductors ¢ sivers EN NUVOTRONICS” ‘A Stuiconouctons mass NMC AHEAD OF WHAT'S POSSIBLE™ O ere PHILIPS Andrew McKee Co-Founder, Managing Director & CTO Sivers Photonics sivers A Stuiconuctors Agilent compound by SEMICONDUCTOR = Technolog
Slide 4: Delivering Critical Tech for Secular Trends
Delivering Critical Tech for Secular T Al acceleration Need: Copper > Optical Interconnects Need: Higher capacity, Reduced Latencies @ Lower Power Dissipation Sivers Semiconductors High Efficiency Beamformers 3-5x Higher Power Efficiency Greener Footprint Sivers Semiconductors High Fidelity Light So
Slide 5: Interconnect is the Critical Bottleneck to Delivering AI at Scale
Interconnect is the Critical Bottleneck to Delivering AI at Scale AI Compute Interconnect AI models continue to proliferate, Compute vendors continue to develop Despite rapid innovations in models grow and increase in technical high performance processors to meet and processors, the interconnect com
Slide 6: Sivers Photonics-AI at a Glance
Sivers Photonics-AI at a Glance We Design, Manufacture and Sell One of the World’s Most Advanced Custom Semiconductor Laser Arrays • Presently headquartered in Scotland and with offices in the United States. • Robust Organization To Support Continued Growth • Currently ~85 employees (12 PhDs) • Stro
Slide 7: Photonics-AI is well-positioned to exploit major secular trends
Photonics-AI is well-positioned to exploit major secular trends Engaged with leading suppliers in “momentum” markets Optical High-Speed Connectivity Optical Sensing AI - High Performance Computing and Optical Datacom Consumer Continuous Biometrics 2028 SAM $1.1b1 2027 SAM $159m2 • Addressing Large S
Slide 8: Industry Leaders Agree that Optical Interconnect is Critical for the Success of AI
Industry Leaders Agree that Optical Interconnect is Critical for the Success of AI “Over the past decade, NVIDIA-accelerated computing has “The biggest companies in the world are hitting an energy delivered a million-X speedup in AI. The next million-X will power wall and experiencing massive challe
Slide 9: Optical I/O is the Solution for the Generative AI Era
Optical I/O is the Solution for the Generative AI Era Existing Copper Interconnect Technology AI models are extremely energy intensive Datacenters are on track to be 20-50% of global electricity production by 2030 Power Consumption Latency Cost Network Size Scalability Copper 50pJ/bit 100ns $X 10 me
Slide 10: Significant Momentum Backed by Marquee Customer Development Contracts
Significant Momentum Backed by Marquee Customer Development Contracts AI Infrastructure Consumer F100’s Advanced Platform for Biometric Sensing Bi-directional data GPU connectivity TeraPHYTM CMOS Optical Chiplets Photonics-AI laser Ayar SuperNovaTM multi-port, multi-wavelength light source ➢ ~$18 m
Slide 11: Photonics-AI's Differentiation Moat
Photonics-AI’s Differentiation Moat Advanced Performance Demonstrated Skillset Customer Intimacy Highly scalable integrated platform. Trade secrets developed over 25 years Photonics-AI has an established track- A leading supplier offering Tunable and custom in-house design software record of working
Slide 12: Photonics-AI's Flexible Competitive and Asset-Light Manufacturing Strategy
Photonics-AI’s Flexible Competitive and Asset-Light Manufacturing Strategy Stage 1 Photonics-AI Laser Design • Unique integrated Semiconductor laser chip designs are created for Photonics-AI Fab capability for laser design either specific or general product usage. and fabrication. Stage 2 • $17M Cap
Slide 13: Photonics-AI's Serviceable Addressable Market Reaching $1.1B+ by 2028
Photonics-AI’s Serviceable Addressable Market Reaching $1.1B+ by 2028 Serviceable Addressable Market for Photonics-AI Key Drivers (SAM, $ Billions) 1.1 Number of server GPU units shipped to grow from 4.7m in 2023 to 19.0m in 2028 (CAGR 32%) 0.5 Support for large GPU clusters Size: 5-50k GPUs per clu
Slide 14: AI Datacenter deployment: Socket Opportunity for Photonics-AI
AI Datacenter deployment: Socket Opportunity for Photonics-AI 500 MW AI Datacenter $100M $50M 200 MW $40M $20M AI Datacenter 500W GPU clusters 1000W GPU clusters Assumptions: 1. Datacenter Power Utilization Efficiency (PUE) of 1.4 2. 60% of Datacenter IT power consumption by Server GPUs (others: sto
Slide 15: AI Eco-system from Chat GPT to light source
AI Eco-system from Chat GPT to light source (Photonics-AI) AI Software tools Cloud service Servers GP/CPU vendors Optical I/O Light sources Photonics-AI 12 Illustrated is a sample of the AI Eco-system Photonics-AI
Slide 16: Photonics-AI
✓ Technology ✓ Product Product Manufacturing Development Demonstration Qualification Readiness 1. Estimated timeline only based on Company's expectations as of October 2024. Actual timeline is subject to change. 13 Photonics-AI
Slide 17: Significant Funding and Valuations Throughout AI Photonics Ecosystem
Significant Funding and Valuations Throughout AI Photonics Ecosystem Key AI Photonics Fundraising Activity ▪ Developer of optical interconnects intended ▪ Data center and AI computing platform ▪ Integrated optical technology to create for data movement within AI systems intended to serve deep learni
Slide 18: Thank you
Thank you