Company surpasses $1 billion valuation as investors back proven technology designed to address AI’s mounting power constraints across data centers and Physical AI SANTA CLARA, Calif., August 18, 2026 – Velaura AI, Inc., an AI compute infrastructure company developing ultra-low-power silicon and software technologies, today announced that it has raised $110 million in Series A […]

Velaura AI raises $110M Series A for ultra-low-power AI compute infrastructure. August 18, 2026 Press play to listen to this content SANTA CLARA, Calif., Aug. 18, 2026 - Velaura AI, Inc., an AI compute infrastructure company developing ultra-low-power silicon and software technologies, today announced that it has raised $110 million in Series A financing, bringing its total valuation to more than $1 billion. The round reflects investor conviction in a proven technology foundation, multiple hyperscaler engagements, an experienced leadership team, and a vision for AI compute spanning data centers and Physical AI. Velaura is addressing two of the biggest growth opportunities emerging from the AI megatrend: ultra-low-power compute and Physical AI. Artificial intelligence is increasingly constrained not by the demand for compute, but by the electrical power required to support it. Hyperscalers are investing hundreds of billions of dollars in AI data centers with long lead times on power availability for deployment. Also, as Physical AI with intelligent robots, drones, and autonomous systems move toward mainstream deployment under strict power and thermal limits, energy-efficient computing with purpose-built solutions has become one of the industry's defining challenges. Velaura's Series A financing to address these growth opportunities was led by Seligman Ventures, with participation from new investors Capricorn Investment Group and Prosperity7 Ventures, as well as existing investors including Mayfield, Maverick Silicon, MARA, Premji Invest, Samsung Catalyst Fund, and StepStone Group. The new capital will accelerate the development and commercialization of Velaura's AI compute portfolio, including its recently announced Titan Core silicon platform. It will also support the expansion of the company's engineering and customer-facing teams with deepening collaborations with strategic partners and customers developing next-generation AI infrastructure and Physical AI solutions. The company's leadership team combines decades of experience delivering many of the semiconductor industry's leading high-performance and low-power platforms. Velaura brings together executives and engineers from Apple, NVIDIA, Google, Qualcomm, and Marvell, along with leaders who have built and scaled multiple semiconductor companies and shipped billions of devices. Velaura's Titan Core, proprietary digital chip IP and design platform, delivers a 2-4x improvement in performance per watt for mathematical operations in AI accelerators while maintaining performance. The underlying technology has been validated at commercial scale and deployed in more than 30 million ASICs in leading semiconductor process nodes, demonstrating world-class manufacturing yield and reliability. The company is applying this expertise across AI accelerators while extending the ultra-low-power architecture to Physical AI, including intelligent robots, drones, and other embodied AI systems. "Every advance in AI, from reasoning models to embodied intelligence, creates demand for more compute, and ultimately more power," said Rajiv Khemani, Co-founder and CEO of Velaura AI. "The next era of AI will be defined not only by better models, but also by fundamentally better compute economics. Velaura is building the ultra-low-power silicon and software foundation needed to scale AI from hyperscale data centers to intelligent machines operating in the physical world." About Velaura AI Velaura AI develops ultra-low power silicon and software technologies that enable the next generation of AI infrastructure. Its solutions are designed for hyperscale data centers and Physical AI applications, including robotics, autonomous systems and embodied intelligence. Headquartered in Silicon Valley, Velaura combines proven semiconductor innovation with deep expertise in architecture, silicon design, and software to fundamentally improve the energy efficiency of AI computing. For more information, visit www.velaura.ai. Deep Origin this month announced that its AI drug discovery framework delivered nearly a 31%... AI models are getting better at a rapid pace. They are now able to reason,... The tech industry is fixated on one main metric, the raw number of GPUs accumulated... Jensen Huang believes NVIDIA's chips are becoming much more than expensive pieces of hardware. As... As hybrid cognition deepens, the boundary between biological and artificial embodiment will begin to blur... The Department of Energy today announced a plan to create a new class of open-weight...

Major data center companies back Abbott's Texas development standards. Meta, MARA, Skybox, OpenAI, and Digital Realty have pledged to comply with new standards aimed at protecting Texas ratepayers, water supplies, and communities from the effects of data center expansion. Gov. Greg Abbott has announced that several major data center developers will comply with new standards, set forth earlier this summer, that are aimed at ensuring Texans do not foot the bill for the costly projects. In June, Abbott established new standards and directed state regulators to prevent data center infrastructure costs from being shifted onto residential ratepayers. He also called for additional safeguards to be placed on water resources and electricity demand. Meta, MARA Holdings, Skybox, OpenAI, and Digital Realty have all announced that they will follow Abbott's data center directives and participate in the state's interconnection-review process for applicable projects. "I established clear guardrails to ensure data centers protect our electric grid, conserve our water, respect our neighborhoods, and pay their own way," said Abbott. "They must not pass costs on to Texas families or interfere with their quality of life." Additionally, per an August 3 order from Abbott, the Public Utility Commission of Texas (PUCT) and ERCOT will audit data centers advancing through the interconnection process to ensure that they will: * Pay their own way by disclosing all taxpayer-funded incentives, grants, abatements, and other public financial assistance tied to the project. * Provide their own power by detailing projected electricity demand and plans for on-site generation or other measures to reduce reliance on the ERCOT grid. * Protect Texas water resources by identifying water sources, projected water use, water reuse procedures, and water-efficient cooling technologies. * Outline measures to reduce impacts on neighboring property owners and communities, including noise mitigation, light controls, setbacks, traffic improvements, emergency response coordination, and other community protection measures. * Provide full transparency by disclosing project ownership and controlling interests. "The PUCT and ERCOT cannot make decisions to guarantee grid stability and reliability based on substantially incomplete information," Abbott continued. Since issuing his directives, several companies have said that they will ensure compliance with the new standards. "Meta commends Texas Governor Greg Abbott's leadership and welcomes his continued efforts to protect ratepayers, conserve water, and promote responsible data center development in Texas," a company spokesperson said in response to Abbott's new standards. "We appreciate the Governor's leadership in setting a higher bar for the industry, and we look forward to continuing our positive engagement with his office and with Texas regulators. Our goal is to be a responsible partner in Texas: one that listens, invests in the communities where we operate, and supports growth that works for the state for the long term," according to a written MARA release. MARA Holdings has recently been involved in plans to build two new data centers in Hood County, but has faced significant backlash from the community. In a recent lawsuit, MARA's parent company argued the county missed its 30-day deadline to approve or deny the plans - meaning the projects were approved under the state's Local Government Code. However, Judge Bryan Bufkin rejected the argument and ruled in Hood County's favor. National CRE Holdings and Greenland Capital, the companies responsible for the developments, filed a notice of appeal on July 15, challenging Bufkin's decision before the Second Court of Appeals. Notably, Diode Ventures, which did not appear to testify before the House Committee on Natural Resources in June, withdrew its proposed Henderson County data center after determining that the project did not meet Abbott's directives or community expectations. A philosopher and a happy warrior, Grant is a born, bred, and fed Houston native. He is currently undertaking an undergraduate at Texas A&M for a BA in Philosophy with future plans for law school.