Nexthop AI, which offers specialized switches to reduce power consumption and latency for hyperscalers, raised $500M led by Lightspeed at a $4.2B valuation (Rebecca Torrence/Bloomberg)

Rebecca Torrence / Bloomberg: Nexthop AI, which offers specialized switches to reduce power consumption and latency for hyperscalers, raised $500M led by Lightspeed at a $4.2B valuation   —  Nexthop AI, an artificial intelligence infrastructure startup, has raised $500 million in a deal led by Lightspeed Venture Partners …