Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and achieve efficiency by upskilling and scaling citizen developers. Astera Labs provides chips for connecting AI systems in the cloud, and today it has raised $150 million at a $3.15 billion valuation. It makes sure AI processor are fed enough data. In addition to closing the fourth round of funding, Santa Clara, California-based Astera Labs expanded its board of directors, added new product lines to its portfolio, and grew its presence globally with new locations and an increased employee base. These milestones represent the strong traction for its silicon, software, and system-level solutions that help its customers realize the vision of AI and machine learning in the cloud, said Sanjay Gajendra, chief business officer and cofounder, in an interview with VentureBeat.