News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

RISC-V Chip Startup AheadComputing Raises $21.5 Million

AheadComputing, a newly formed chip startup co-founded by several former Intel central processing unit (CPU) engineers and executives, has secured $21.5 million in seed funding to develop technology and chips based on the open-source RISC-V architecture. This investment marks an opportunistic moment for AheadComputing to capitalize on the growing demand for high-performance computing, particularly in the artificial intelligence sector where bandwidth shortages and data processing limitations are becoming increasingly pressing concerns. The company's co-founder and CEO Debbie Marr emphasized the benefits of using RISC-V technology, which avoids the pitfalls of relying on a single supplier or proprietary architecture.

See Also