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AI Chip Startup Velaura Hits $1B Valuation to Tackle Data Center Power Costs

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The Story

News Summary

  • AI chip startup Velaura AI reached unicorn status after raising $110 million in Series A funding.
  • The capital will accelerate development of its low-power chip architecture and Titan Core platform, aimed at cutting energy consumption and operating costs in AI data centers and autonomous robotics systems.
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