CoinScoopPhysical AI Chipmaker SiMa.ai Closes $150M Series C at $1.45B Valuation
According to PANews, citing Businesswire, physical AI chip company SiMa.ai closed a $150 million Series C round, led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, Point72, and StepStone Group. The company has raised $500 million in total, with its valuation rising to $1.45 billion. The funds will scale its Palette Neat platform and develop its next physical AI chip, slated for 2028 with up to 1,000 TOPS.
Summaries are written by AI from the original article. Not investment advice.