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SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips

SiMa.ai has raised $150m in a Series C round that values the company at $1.45bn, it announced on Monday. The San Jose startup makes chips and software that let robots, drones and cars run AI on the device itself. Fidelity Management & Research Company and Amplify co-led the round. Alter Venture Partners, Dell Technologies Capital, […] This story continues at The Next Web

Published Sep 28, 2026 · 7:15 PMOriginal source: The Next Web3 reads
SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips
SiMa.ai has raised $150m in a Series C round that values the company at $1.45bn, it announced on Monday. The San Jose startup makes chips and software that let robots, drones and cars run AI on the device itself. Fidelity Management & Research Company and Amplify co-led the round. Alter Venture Partners, Dell Technologies Capital, […] This story continues at The Next Web
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Sam Altman says OpenAI won’t go public until its models are safe

For months, people have wondered when OpenAI will go public. CEO Sam Altman says it won't happen until the company can make better promises about model safety, with no firm timeline in sight. "We intend to continue with AI progress … but as the models have had this surge forward in capability, and we see more of that ahead of us, we have got to be able to make confident safety claims," Altman said Tuesday during a Q&A with reporters after his DevDay keynote. At the same time, he said, waiting too long for an IPO would be "bad for the world." Altman's comments come after months of controversy about whether or not OpenAI and its rivals can c … Read the full story at The Verge.

Original sourceThe Verge