Rivos Revolutionizes AI Chip Development

Rivos, a Santa Clara-based company, has secured over $250 million in Series A-3 funding to develop cutting-edge chips for AI and analytics workloads. Led by CEO Puneet Kumar, Rivos aims to create power-optimized chips that combine high-performance RISC-V CPUs with a Data Parallel Accelerator for enhanced performance. The company's innovative approach to chip design positions it as a lower-cost alternative to market leaders like Nvidia. With plans to utilize Taiwan Semiconductor Manufacturing Co. Ltd.'s three-nanometer node, Rivos is set to disrupt the AI chip market. By focusing on ease of programming and seamless data movement between CPU and accelerator, Rivos is poised to make a significant impact in the tech industry.