Velaura raises $110mn to sell AI chips that cut the power bill, not the clock speed

The Next Web
By Cristian DinaAug 19, 2026, 8:31 am96 pts
A chip startup that promises to cut the power AI uses has raised $110mn and crossed a $1bn valuation. Velaura AI, based in Santa Clara, announced the Series A round on Tuesday. The company said in a statement that it builds ultra-low-power silicon and software for data centres and for what the industry calls…

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