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✉news BusinessStartups first seen 2 h ago, last 1 h ago, peak #17

EVAS Raises $295M to Expand RISC-V AI Architecture

Chip startup EVAS has raised $295 million to expand its work on RISC-V-based AI architecture. The funding will support development of open-standard processor designs aimed at artificial intelligence workloads, a growing alternative to proprietary architectures. The announcement is drawing attention from the semiconductor and AI hardware communities tracking investment in open-source chip technology.

Why now: Large fresh funding in the fast-growing RISC-V and AI chip sector is attracting industry attention.

EVASRISC-V

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