# doubleAI raises USD 200 million in Series A financing at a USD 1 billion valuation

According to SiliconANGLE, the Israeli AI company doubleAI (its founders include former Mobileye CEO Amnon Shashua) completed USD 200 million in Series A financing, led by Lightspeed and Bessemer, with participation from Nvidia, Dell Technologies and others. The valuation is reported to be over USD 1 billion. The company launched a code execution model that optimizes CPU/GPU execution efficiency at runtime without changing the source code to reduce computing power costs. About half of the funds are planned to be used to purchase Nvidia B chips (300).



Canonical: https://uniquebase.ai/news/e9070d74-8c7b-48bc-806f-36ae1a0dc365
Stable identifier: e9070d74-8c7b-48bc-806f-36ae1a0dc365
Snapshot captured: 2026-10-21T10:08:16.433Z
English updated: 2026-10-22T08:52:22.523Z

## Connected profiles

- [Bessemer](/institutions/bessemer)
- [Dell Technologies Capital](/institutions/dell-technologies-capital)
- [Lightspeed](/institutions/lightspeed)
- [NVIDIA](/institutions/nvidia)
- [doubleAI](/companies/doubleai)

## Sources

- https://siliconangle.com/2026/10/19/nvidia-dell-back-200m-round-for-ai-model-developer-doubleai/