Velaura AI has raised a $110 million Series A round at a valuation of more than $1 billion, according to a Reuters report summarized by Techmeme. The company is developing low-power chips for data centers and physical AI applications, including robotics, according to the same Reuters summary. The report says Velaura AI was valued above the $1 billion mark on Tuesday after the financing. The available summary does not name the investors in the round, disclose revenue or customer details, or specify when Velaura AI expects its chips to reach customers. It also does not provide technical specifications for the chips beyond the low-power framing and the target use cases. For now, the confirmed takeaway is narrow but notable: another AI-chip company focused on power efficiency has crossed a unicorn valuation in a large early-stage round, with reported ambitions spanning both data-center workloads and robotics-adjacent physical AI. Who benefits: Velaura AI benefits from a larger capital base and a reported valuation above $1 billion. The round may also support its development work in data-center and robotics-oriented AI chips, though the provided item does not specify how the funds will be used. Who's exposed: It is too early to identify exposed competitors from this cluster. The provided reporting does not name rival chipmakers, customers, or benchmark comparisons.