Chip designer Velaura AI valued at more than $1 billion after funding round
By ReutersAugust 18, 202612:01 PM UTCUpdated agoComputer motherboard and chip in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tabCompaniesAug 18 (Reuters) - Velaura AI was valued at more than $1 billion on Tuesday after raising $110 million in a Series A funding round, with investors backing the startup's chip design technology for lowering power consumption and operating costs at AI data centers.The funding round wa...
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