Chip designer Velaura AI valued at more than $1 billion in funding round

Chip designer Velaura AI valued at more than $1 billion in funding round  Reuters

The Santa Clara company's Titan Core chip platform promises a 2-4x improvement in performance per watt for AI workloads

Aug 18 : Velaura AI was valued at more than $1 billion on Tuesday after raising $110 million in a Series A funding round, with investors backing the startup's chip design technology for lowering power consumption and operating costs at AI data centers.The funding round was led by Seligman Ventures, with participation f

EliseAI's technology Business Wire/AP AI housing and healthcare startup EliseAI is in talks for a new round of funding. The new round could value the company at as high as $3.7 billion, sources say. Previous investors Andreessen Horowitz and Bessemer Venture Partners are in talks to lead the round. The latest multi-

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