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Nvidia-backed SiFive hits $3.65 billion valuation for open AI chips

SiFive, backed by Nvidia, has reached a $3.65 billion valuation for its open AI chips based on RISC-V architecture. This highlights growing investor confidence in alternative chip designs for AI workloads, challenging the dominance of x86 and ARM.

Background

RISC-V is an open-source instruction set architecture gaining traction as an alternative to proprietary architectures like x86 and ARM, particularly in specialized computing domains like AI.

Source
TechCrunch
Published
Apr 11, 2026 at 10:03 PM
Score
7.0 / 10