Technology

SiFive Raises $400 Million to Advance RISC-V Data Centre Chips

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SiFive Raises $400 Million to Advance RISC-V Data Centre Chips

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SiFive has raised $400 million to advance its RISC-V data centre chips, with a focus on high-performance CPUs for agentic AI workloads. The company's valuation is now $3.65 billion, and it expects to continue its momentum as AI workloads surge across data centre environments.

SiFive has raised $400 million in a new funding round. The company will use this capital to accelerate development of its next wave of high-performance CPUs. These CPUs support advanced AI workloads and are designed for customers seeking flexible, open-standard compute options. SiFive's IP is now part of over 500 chip designs, with more than ten billion cores shipped. The company expects continued growth as AI workloads increase in data centres. SiFive will expand its engineering teams to develop new CPU IP and improve accelerator designs.

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