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$150M Round: SiMa.ai Valued at $1.45 Billion

SiMa.ai announced a $150 million Series C on Monday 28 September 2026 at a $1.45 billion valuation, led by Fidelity and Amplify, with Dell Technologies Capital and the State of Michigan in the cap table. The capital funds the Palette Neat software environment and a 1,000 dense TOPS silicon generation expected in the first half of 2028. The reading for a board: on-machine AI compute breaks away from the cloud budget and becomes a spending line with rules of its own.

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