17 April 2024 – One of Rivos’ investors, Lip-Bu Tan, founding managing partner at Walden Catalyst, stated, “RISC-V doesn’t have a (large) software ecosystem, so I decided to form a company and then build software-defined hardware – just like CUDA did with Nvidia.”
Chip firm Rivos said on Tuesday that it has completed a $250 million investment round, which would allow it to produce its first server chip designed with AI in mind. The market for Al-related computing is dominated by Nvidia’s chips and CUDA software, and in 2023, Nvidia accounted for more than 80% of the market for AI chips.
Yet a plethora of startups and chip giants have begun to release rival goods, such as Meta’s inference chip and Intel’s Gaudi 3, both of which were announced last week.
Conclusion
One of Rivos’ investors, Lip-Bu Tan, founding managing partner at Walden Catalyst, stated, “RISC-V doesn’t have a (large) software ecosystem, so I decided to form a company and then build software-defined hardware – just like CUDA did with Nvidia.” The AI accelerator component and central processing unit of Santa Clara, California-based Rivos are now creating a server chip that will be tailored for big language models and data analytics.
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