Reuters ·

Nuvacore, a six-month-old Sequoia-backed chip startup that's designing a new central processor for data centers, is raising funds at a ~$2.5B valuation

Six-month-old microchip startup Nuvacore, which does not yet have a product, is raising hundreds of millions of dollars …

Semiconductors Venture Capital

In this story Nuvacore Sequoia

Nuvacore, a six-month-old Sequoia-backed chip startup that's designing a new central processor for data centers, is raising funds at a ~$2.5B valuation

Lead Source

Reuters — Nuvacore, a six-month-old Sequoia-backed chip startup that's designing a new central processor for data centers, is raising funds at a ~$2.5B valuation ↗

How this story grew

Coverage · 0 Discussion · 0

Oct 9Oct 11

Related stories

Reuters: Velaura AI, which makes low-power chips and software for data centers and physical AI applications, like robotics, raised a $110M Series A at a $1B+ valuation

Reuters: Efficient Computer, which uses dataflow architectures to develop faster and more energy-efficient chips, raised a $97M Series B at a $650M valuation

Bloomberg: Celero, which is developing a chip to enable long-distance connections between AI data centers, raised $275M at a $3B+ valuation

TechCrunch: AI inference-chip startup Etched is in early talks to raise funding at a $40B to $50B valuation, up from $21B after raising $700M in August

Wall Street Journal: AI inference chip startup Etched raised $700M led by its new server rack customer Jane Street at a $21B valuation, up from $10.3B after raising $300M in July

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif