SiMa.ai, a Silicon Valley chip startup, raised $70M in funding to develop AI-accelerating chips for consumer devices.

SiMa.ai, a Silicon Valley chip startup, raised $70M in funding led by Maverick Capital to develop AI-accelerating chips for everyday consumer devices like cars and cameras. The startup has now raised $270M in total, with its chips focusing on helping devices interpret and convert data into text, speech, or video content. SiMa.ai aims to contribute to a future where AI becomes mainstream.

April 04, 2024
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