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AI chip startup Rain AI is exploring a sale after its $150 million Series B funding round failed to secure investors

Benzinga
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Rain AI, a San Francisco -based chip startup, is exploring a sale after its ambitious $150 million Series B funding round failed to secure investors.

The company aimed to develop neuromorphic chips designed to process AI workloads more efficiently by mimicking how the human brain functions.

Rain AI is now in discussions with multiple technology giants about a potential acquisition.