Sources: Naveen Rao’s AI Hardware Startup Eyes $5B Valuation

Sources: Naveen Rao’s new AI hardware startup targets $5B valuation with backing from a16z.
Matilda
Sources: Naveen Rao’s AI Hardware Startup Eyes $5B Valuation
Sources: Naveen Rao’s New AI Hardware Startup Targets $5B Valuation with Backing from a16z Naveen Rao, the former head of AI at Databricks, is making waves with his new venture. Sources: Naveen Rao’s new AI hardware startup targets $5B valuation with backing from a16z , as he explores raising $1 billion for Unconventional, Inc.—a company aiming to redefine computing itself. Image Credits:Naveen Rao Andreessen Horowitz is set to lead the investment, joined by Lightspeed and Lux Capital, according to sources familiar with the deal. Databricks is also reportedly investing, signaling strong confidence in Rao’s vision. Unconventional, Inc.: Building a New Substrate for Intelligence Rao’s vision goes beyond traditional computing. On X, he described the startup’s mission as: "Rethinking the foundations of a computer to build a new substrate for intelligence that is as efficient as biology. Brain Scale Efficiency without the biological baggage!" Rather than waiting for the full $1 billion r…