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SiFive has raised $400 million from a heavyweight group of investors led by Atreides Management and backed by Nvidia.
SiFive raised $400 million led by Atreides Management and Nvidia, reaching a $3.65 billion valuation.
KEY POINTS
- SiFive plans to use the funding to develop customizable RISC-V CPU designs specifically for data centers.
- Arm has shifted from only licensing to developing its own chips, directly competing with its customers.
- RISC-V, championed by SiFive, is now seen as mature enough for hyperscale data center deployments.
- SiFive expects this to be its final private funding round before pursuing a public offering.
COMPANIES
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