TechPulse USA

SiMa.ai Raises $150M to Take on Nvidia's Edge-AI Crown When Fidelity and J.P. Morgan both decide to write checks to the same AI chip startup, the industry pays attention. Neither institution has a reputation for chasing semiconductor hype. Yet both are now on the cap table of SiMa.ai , the San Jose startup that closed an oversubscribed $150 million Series C on September 28, 2026, at a $1.45 billion valuation — and told investors it intends to build the silicon that powers the next generation of humanoid robots, drones and autonomous vehicles. The round, reported across tech and venture press on September 29 and 30, brings SiMa.ai's total capital raised to $500 million. For a company competing head-on with Nvidia — the most dominant force in AI silicon — it is a significant war chest. For the investors backing it, it is a bet that the most valuable AI compute of the next decade will not sit in a data center at all. File photo: Tesla's Optimus humanoid robot at the c...

CMU Chip Startup Raises $97M, Ships First AI Chips Every few years, someone in computing declares the Von Neumann architecture dead. The pitch rarely survives contact with the real world: data-flow chips, which let information course through a chip instead of endlessly shuttling it between memory and processor, have haunted academic papers for decades without ever cracking the mainstream. The machines are hard to program, hard to sell, and brutal to manufacture at scale. Now a Pittsburgh startup spun out of Carnegie Mellon University wants to be the exception — and unlike most of its predecessors, it arrived at its big funding announcement with actual silicon in customers' hands. Efficient Computer said Tuesday it has raised $97 million in Series B financing at a $650 million valuation, bringing its total funding to $173 million. The round was led by TQ Ventures, with Eclipse, Union Square Ventures, Giant Ventures, Triatomic Capital, TO Capital, TF Capital, Mana Ventures, Toy...