Particle.news
Download on the App Store

SiFive Raises $400 Million at $3.65 Billion Valuation as Nvidia Backs RISC‑V Push Into AI Data Centers

The funding signals rising bets on open RISC‑V designs in heavy AI computing.

Overview

  • SiFive closed an oversubscribed $400 million round that values the RISC‑V chip‑design licensor at $3.65 billion.
  • Atreides Management led the deal, with Nvidia joining investors that include Apollo, Point72, T. Rowe Price, and Sutter Hill Ventures.
  • The company will use the money to develop CPU designs for AI data centers, shifting beyond its roots in smaller embedded uses.
  • SiFive is building its CPUs to plug into Nvidia’s ecosystem, with support for the CUDA software stack and NVLink Fusion, a rack system that links CPUs directly to Nvidia’s AI hardware.
  • CEO Patrick Little told Reuters this may be the last private raise before an IPO, as SiFive bets that licensing open RISC‑V designs can rival Arm and x86 in the data center.