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🔥Chip startup SiFive completes $400 million funding, led by Atreides Management
According to Bloomberg, chip startup SiFive raised $400 million from a group of investors led by Atreides Management. The company plans to use the funds to expand its influence in the artificial intelligence data center sector. Nvidia Corporation, Apollo Global Management, and Point72 also participated in this funding round. This round of financing increased SiFive's valuation to $3.65 billion, with oversubscription.