Nvidia-backed Upscale AI launches Token Fabric to link chips from rival makers

Santa Clara startup Upscale AI unveiled Token Fabric, a platform that connects AI chips from different vendors using open standards UALink and ESUN. The first part ships in Q4, with full availability in early 2027; the company expects tens of millions in revenue next year.

• Token Fabric combines Upscale's SkyFabriX scale-up switch chip with Nvidia Spectrum-X scale-out switches
• The platform works with GPUs, custom AI chips and network cards from any vendor
• Total funding is about $500m at a $2bn valuation after a June extension round
• Early-access programmes are under way, with general availability in early 2027