Unconventional AI Raises $475M, Aims for $1B

Naveen Rao, a prominent AI figure, has secured $475M in seed funding for Unconventional AI, valuing it at $4.5B. Major investors include Andreessen Horowitz, Lightspeed Ventures, Lux Capital, and DCVC. Rao aims to raise up to $1B, focusing on energy-efficient AI computers inspired by biological systems. With a successful track record, including MosaicMLs acquisition by Databricks and Nervana Systems purchase by Intel, Unconventional AI is poised to revolutionize AI technology.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.