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JUST IN: SiFive, the company that emerged from the UC Berkeley ecosystem and is known for its work with open RISC V architecture, closed an oversubscribed $400 million funding round, raising its valuation to $3.65 billion.
The move is noteworthy not only for the size of the funding but also for the involvement of Nvidia, which is now backing a company focused on open CPUs for AI data centers.
SiFive secured an oversubscribed $400 million round and reached a valuation of $3.65 billion.