Search results for Series G
AI & Enterprise
RISC-V chip design startup SiFive raises $400 million
RISC-V chip design startup SiFive raised $400 million in a Series G funding round, SiliconANGLE reported on Thursday. The round valued the company at $3.65 billion. Atreides Management led the financing, with participation from Nvidia and enterprise technology investor Apollo. SiFive’s cumulative external funding has topped $760 million. Founded in 2015 by RISC-V creators, SiFive sells ready-to-use RISC-V processor designs spanning automotive, battery-powered connected devices and data centre chips.
AI & Enterprise
AI dominates global venture investment in February as \'big three\' take 83 percent
Artificial intelligence is effectively dominating the global venture investment market, the latest report by startup data platform Crunchbase showed. Venture capital funding flowing into startups worldwide reached a record $189 billion in February, with AI startups raising $171 billion, or about 90 percent of the total. OpenAI, Anthropic and Waymo accounted for 83 percent of all investment, led by OpenAI’s $110 billion raise and a $730 billion valuation.
AI & Enterprise
Anduril seeks new funding round at $60 billion valuation
U.S. defence technology startup Anduril, led by Oculus founder Palmer Luckey (팔머 럭키), is pursuing a new funding round targeting a $60 billion valuation, the Wall Street Journal reported on Tuesday. Thrive Capital and Andreessen Horowitz are leading, with Lux Capital and Founders Fund expected to join. Bloomberg reported Anduril may raise up to $8 billion, a year after a $3 billion Series G valued it at $30 billion.