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

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 physical […] This story continues at The Next Web