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AI Capital

Velaura AI raises $110 million Series A for low-power chips

Velaura AI raised a $110 million Series A round and was valued at more than $1 billion, Reuters reported. The company is developing low-power chips for data centers and physical-AI applications including robotics. The supplied report does not identify investors, product availability, or performance specifications for the chips.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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