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Gerard Williams
Trends
- 1Six-month-old chip startup Nuvacore raising at $2.5 billion valuation●🧠 A six-month-old chip startup with no product is reportedly raising at a roughly $2.5 billion valuation. Reuters report
Reuters reported on October 9 that Nuvacore, a San Jose chip startup founded six months ago by former Apple silicon chief Gerard Williams, is raising hundreds of millions of dollars at a valuation of roughly $2.5 billion despite having no product on the market. The company is developing a CPU for data centers, and the size of the round at such an early stage is drawing attention to continued investor appetite for custom data-center chips.