AheadComputing, a startup co-founded by former Intel executives, has successfully raised $21.5 million in seed funding. The financing round was led by Eclipse Ventures and aims to advance the development of RISC-V chip technology. The funds will be utilized to design and develop CPU technology, addressing performance challenges associated with artificial intelligence. This initiative reflects a growing interest in RISC-V architecture, which is increasingly seen as a viable alternative in the semiconductor industry.
Ex-@Intel executives raise $21.5 million for RISC-V chip startup AheadComputing plans to use the funds to design and develop CPU technology that aims to solve some of the performance issues that have arisen around #AI https://t.co/DLdrh9oTBx #HPC #RISCV
Ex-Intel executives raise $21.5 million for RISC-V chip startup https://t.co/bwmSysl0nk
AheadComputing, a startup co-founded by former Intel execs and engineers that aims to build RISC-V chip technology, raised a $21.5 seed led by Eclipse Ventures (@chernandburn / Reuters) https://t.co/19G819D6xi https://t.co/LOiCEdEDdR https://t.co/ZOzeer1FAj