Ethernovia raises $90M as investors rush to fund ‘Physical AI’
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Ethernovia has raised $90 million in a Series B funding round, focusing on advancements in 'Physical AI' technologies such as robotics and autonomous vehicles. The San Jose-based company, which develops Ethernet-based processors for data collection in systems like autonomous vehicles, attracted investment from Maverick Silicon, an AI-focused fund. This funding round highlights a growing trend of investors supporting lesser-known companies in the AI sector.
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