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    SiMa AI hits $1.45 billion valuation▼Physical AI chip developer SiMa AI hits $1.45B valuation✉newsTechnologySemiconductors5 h ago

    SiMa AI, a developer of chips for physical AI applications such as robotics and edge devices, has reached a valuation of $1.45 billion following its latest funding round. The San Jose-based startup builds machine learning processors designed to run AI workloads locally on hardware rather than in the cloud, a growing area of investor interest as demand for edge AI accelerates.