Access here alternative investment news about Startup Rivos Raises $250M To Develop Risc-v Ai Chips - Cna

Startup Rivos Raises $250M To Develop Risc-v Ai Chips - Cna

by channelnewsasia.com posted 1week ago 50 views
Venture Capital
FILE PHOTO: Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. Nvidia's combination of chips and CUDA software dominates the market for AI-related computing, and Nvidia gobbled up more than 80 per cent market share of AI chips in 2023.