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Hardware · Updated 11 Oct, 06:19 pm IST

Sequoia-backed Nuvacore raises funds at about $2.5 billion valuation

Image: ET Tech

Why it matters for readers: It explains why CPUs remain important in the AI era alongside GPUs and accelerators.

  • Nuvacore, a six-month-old microchip startup backed by Sequoia, is seeking hundreds of millions in funding at roughly a $2.5 billion valuation.1
  • The startup does not yet have a product and aims to develop a new central processor for data centers.1
  • Demand for data-center CPUs has grown because they act as traffic controllers for AI accelerators like Nvidia GPUs and run autonomous AI software (agents).1
  • The funding round has not closed and the reported valuation and size of the raise could change.1
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