SiMa.ai raises $150 million Series C at a $1.45 billion valuation

Edge AI chipmaker SiMa.ai closed a $150 million Series C co-led by Fidelity and Amplify, bringing total funding to $500 million. The company plans to use the money for its Palette Neat software and next-generation chips aimed at humanoid robots, drones and driver assistance, with new hardware rated at 1,000 dense TOPS due in the first half of 2028.

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