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 https://siliconangle.com/2026/08/18/velaura-ai-raises-110m-to-develop-power-efficient-ai-chips/">Velaura AI raises $110M to develop power-efficient AI chips appeared first on https://siliconangle.com">SiliconANGLE.