Private Equity 3 Hours

Last updated: April 11, 2026, 11:30 AM ET

Venture Capital & Technology Financing

SiFive's latest funding round propelled its valuation to $3.65 billion, an outcome driven by the growing interest in open-source chip architecture. The Nvidia-backed firm utilizes RISC-V designs, positioning it as a potential challenger to incumbent architectures like x86 and ARM in the specialized AI chip market SiFive hits $3.65 billion valuation for open AI chips.