Velaura AI, which is developing low-power chips for data centers and physical AI applications, like robotics, raised a $110M Series A at a $1B+ valuation (Prathik Jayaprakash/Reuters)

<a href="https://www.reuters.com/legal/transactional/chip-designer-velaura-ai-valued-more-than-1-billion-after-funding-round-2026-08-18/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260818/i19.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260818/p19#a260818p19" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Prathik Jayaprakash / <a href="http://www.reuters.com/">Reuters</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/legal/transactional/chip-designer-velaura-ai-valued-more-than-1-billion-after-funding-round-2026-08-18/">Velaura AI, which is developing low-power chips for data centers and physical AI applications, like robotics, raised a $110M Series A at a $1B+ valuation</a></b></span>&nbsp; &mdash;&nbsp; Velaura AI was valued at more than $1 billion on Tuesday after raising $110 million in a Series A funding round &hellip; </p>