Unconventional AI raised a $475M seed led by a16z and Lightspeed at a $4.5B valuation to build a more energy-efficient AI computer, part of an up to $1B round (Rachel Metz/Bloomberg)

Rachel Metz / Bloomberg:
Unconventional AI raised a $475M seed led by a16z and Lightspeed at a $4.5B valuation to build a more energy-efficient AI computer, part of an up to $1B round  —  Naveen Rao joins a rarified club of prominent tech founders to raise big funding rounds for very young companies.