Private Equity 24 Hours

Last updated: April 12, 2026, 8:30 AM ET

Venture Capital & Tech Valuations

A Nvidia-backed firm secured a $3.65B valuation as investors continue favoring specialized chip architecture outside the dominant x86 and ARM spheres. SiFive's focus on RISC-V designs for open AI applications signals a growing trend where private equity capital targets foundational semiconductor technology that challenges incumbent standards SiFive hits $3.65 billion valuation for open AI chips.