Chip startup Rivos stated on Tuesday it raised $250 million in a funding spherical that may allow it to fabricate its first server chip geared for synthetic intelligence.

Nvidia’s mixture of chips and CUDA software program dominates the marketplace for AI-related computing, and Nvidia devoured up greater than 80% market share of AI chips in 2023. However a number of startups and chip giants have began to launch competing merchandise, similar to Intel’s Gaudi 3 and Meta’s inference chip – each unveiled final week.

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Rivos is tight-lipped concerning the specifics of the product, however has disclosed that its plans embody designing chips primarily based on the RISC-V structure, which is an open supply various to the architectures made by Arm, Intel and Superior Micro Gadgets. Instruction set architectures similar to RISC-V are the constructing blocks of semiconductor designs, and utilizing the open supply various means Rivos doesn’t must pay a license charge to Arm.

“RISC-V would not have a (massive) software program ecosystem, so I made a decision to type an organization after which construct software-defined {hardware} – similar to what CUDA did with Nvidia,” stated Lip-Bu Tan, founding managing associate at Walden Catalyst, certainly one of Rivos’ traders.

Santa Clara, California-based Rivos is within the means of designing a server chip that mixes a central processing unit and AI accelerator element that can be optimized for giant language fashions and information analytics. The corporate started with the software program essential to compile laptop code to permit the chip to run a program and designed the processor across the software program.

“Often the chip firms do it the opposite manner: construct the silicon, after which construct the software program on prime,” CEO Puneet Kumar instructed Reuters in an interview. “We determined, as an organization that we must always first take a look at software program.”

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Matrix Capital Administration was the most important investor within the funding spherical that additionally included investments from Intel, MediaTek and Dell Applied sciences.

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