RISC-V developer SiFive reaches $2.5 billion valuation

The SiFive initiative, which has made important studies in making the RISC-V architecture much more efficient and compatible, has reached a valuation of $ 2.5 billion with the new investment it has received.
 RISC-V developer SiFive reaches $2.5 billion valuation
READING NOW RISC-V developer SiFive reaches $2.5 billion valuation

The SiFive initiative, which carries out important studies on the open source RISC-V architecture and develops projects with the potential to rival existing mobile processors, is also the focus of attention of investors. The venture continues to receive significant investments.

SiFive technology giant

SiFive was originally founded by the team that developed the RISC-V architecture. In parallel with the development of the RISC-V architecture, the SiFive enterprise has grown. With nearly 100 customers, SiFive designs for eight of the top 10 semiconductor companies.

SiFive move from Intel

Added 9 months ago

Intel also has a SiFive, which made a move to buy the term, received an additional $175 million in investment this week and reached a valuation of $2.5 billion. With this investment, it will develop technologies to make RISC-V based processors more efficient. In total, 350 million dollars was accumulated in the coffers of the venture.

Authorities describe the future of the SiFive initiative as very bright. While different startups are developing RISC-V-based processors, SiFive is particularly advanced in efficiency and compatibility.

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