Axelera AI, a leading provider of hardware acceleration technologies for generative AI inference and computer vision, announced today that it has successfully closed a Series B funding round, raising $68 million. This latest funding brings the total amount raised by the company to $120 million. The significant investment is expected to further bolster Axelera AI’s capabilities and support their ongoing innovation in the AI hardware sector.

Artificial Intelligence, Venture Capital,Global, Italy

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