AIThe Next Webabout 1 hour ago
Velaura raises $110mn for power-efficient AI chips
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Velaura AI raised $110mn at a $1bn valuation to license ultra-low-power chip designs. The Santa Clara startup's Titan Core platform claims two-to-four-times better performance per watt. Seligman Ventures led the round, with Capricorn and Prosperity7 joining. Velaura charges upfront fees plus royalties tied to customer power savings.
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