Physical AI chip startup SiMa.ai raised a $150M Series C led by Fidelity and Amplify at a $1.45B valuation, aiming to compete with Nvidia's CUDA-based hardware (Kyt Dotson/SiliconANGLE)

SiMa.ai, a physical AI chip startup, has successfully raised $150 million in a Series C funding round. This round was led by Fidelity and Amplify, valuing the company at $1.45 billion. SiMa.ai aims to challenge Nvidia's dominance in the AI hardware market, specifically targeting its CUDA-based hardware with its custom physical artificial intelligence chips.