Max A. Chernie
SAN FRANCISCO (Reuters) – Newly formed chip startup Ahire Top Computing said it has raised $21.5 million in seed funding.
Co-founded by several former Intel (INTC) Central Processing Unit (CPU) engineers and executives, the company plans to build technology and chips based on an open source architecture called RISC-V, pronounced “Risk 5.” It will be done.
The Advice Computing plan uses funds to design and develop CPU technology aimed at solving some computing performance problems that have occurred mainly in artificial intelligence, such as low bandwidth and limited data processing. I plan to do so.
Co-founder and CEO Debbie Mar relies on RISC-V technology to avoid the pitfalls of the X86 architecture used by Intel and advanced microdevice, as well as problems associated with relying on a single supplier. He said it was the perfect moment for startups. Arm Holdings – for the underlying design.
“The RISC-V ecosystem is open, not owned and not controlled by one company,” Marr said in an interview with Reuters. “We have hundreds of players. There’s a lot of room for innovation.”
Marr and other senior executives left last year to set up Portland-based AdveneComputing. Marr and other Advine Computing executives were responsible for developing several key technologies with Intel that significantly improve CPU performance.
The seed funding round is led by Eclipse Ventures and includes Maverick Capital, Fundomo and Epiq Capital Group. Former Apple and Tesla Chip Architect Jim Keller also invested in the round. Keller runs his own RISC-V venture called Tenstorrent.
In an interview, Greg Reichow of Eclipse Partner said that starting a company was fascinating. By 2030, it would be around $100 billion, he said.
“This has a big market tailwind,” Reichow said.
(Edited by Max A. Chernie and Kim Coghill of San Francisco)
