Mmastodon TechnologyTechnology first seen 2 d ago, last 36 min ago, peak #1
Six-month-old chip startup Nuvacore raising at $2.5 billion valuation
Original: 🧠 A six-month-old chip startup with no product is reportedly raising at a roughly $2.5 billion valuation. Reuters report
Nuvacore, a San Jose chip startup founded just six months ago by former Apple chip lead Gerard Williams, is raising hundreds of millions of dollars at a valuation of roughly $2.5 billion, Reuters reported on October 9. The company has no product yet but aims to build a CPU for data centers, a move drawing attention amid the AI-driven boom in custom data center silicon.
Why now: The huge valuation for a productless startup highlights investor frenzy around AI data center chips.
NuvacoreGerard WilliamsReutersSan Jose
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- 🧠 A six-month-old chip startup with no product is reportedly raising at a roughly $2.5 billion valuation. Reuters reported Oct 9 that Nuvacore, a San Jose company, is raising hundreds of millions to build a CPU for data centers. It was founded by Gerard Williams, who led… · jcrabapple@dmv.community · 3
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