Technology
SiMa.ai raises $150 million to push physical AI silicon to the edge
SiMa.ai closed an oversubscribed $150 million Series C that values the physical-AI chip developer at $1.45 billion and takes total funding to $500 million. The company builds silicon for robots, drones, autonomous vehicles and other edge systems, and says the round, co-led by Fidelity and Amplify, funds a next-generation architecture planned for 2028 while it expands deployment of its current platform.