Velaura AI raises $110M to develop power-efficient AI chips
Velaura AI Inc., a developer of low-power artificial intelligence chips, today announced that it has raised $110 million in funding. Seligman Ventures led the Series A round. It was joined by Samsung Catalyst Fund, Mayfield and more than a half-dozen others. Velaura is now valued at more than $1 billion. The deal comes six months [...] The post Velaura AI raises $110M to develop power-efficient AI chips appeared first on SiliconANGLE .
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Velaura AI raises $110M to develop power-efficient AI chips Why it matters: Business is moving the AI stack right now, and this update helps explain what changed for builders. Source: Siliconangle https://a2zai.ai/bytes/velaura-ai-raises-110m-to-develop-power-efficient-ai-ch...
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