SiFive raises $400 million in funding to boost RISC-V data center AI chips

MeNews · 2026-04-09T21:43:18+00:00

SiFive completes $400 million funding round, valuing at $3.65 billion, with funds to be used for developing new AI data center products and software ecosystem construction, offering customizable RISC-V CPU solutions, striving to become an alternative to Nvidia and Arm.

MeNews

2026-04-09 21:43:18

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ME News Report, April 10 (UTC+8), RISC-V chip startup SiFive completed $400 million in funding, led by Atreides Management, with participation from Nvidia, Apollo Global Management, and Point72, valuing the company at $3.65 billion. SiFive plans to use the funds to develop new products for AI data centers and accelerate related software ecosystem development. The company aims to provide quickly customizable CPU solutions based on the RISC-V open-source instruction set for hyperscale data center operators, offering an alternative to the widely adopted Nvidia AI accelerators and Arm architecture server chips. Research firm Jon Peddie Research states that approximately 135 companies are currently developing or planning to develop AI processors, and it is expected that by 2030, only about 25 specialized AI chip companies will remain. (Source: PANews)

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