Ex-Intel execs raise $21.5m for chip startup AheadComputing

Portland-based AheadComputing raised US$21.5 million in seed funding to develop RISC-V CPUs, led by Eclipse Ventures.

Founded by ex-Intel engineers, the startup aims to innovate using RISC-V, an open-source alternative to x86 and arm architectures.

Investors include Maverick Capital, Fundomo, and EPIQ Capital, with former Apple and Tesla chip architect Jim Keller also contributing.

CEO Debbie Marr said AheadComputing will address AI performance issues, focusing on bandwidth and data processing challenges.

Recent semiconductors developments

Timeline
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23-Dec-2024 🔍 US probes China’s legacy semiconductors Biden launches probe into Chinese semiconductors Investigation to focus on US reliance in key sectors
03-Dec-2024 📈 Semiconductors boost South Korean exports by 3.6% South Korea’s exports rose 3.6% in November. Trade surplus reached $5.6 billion amid semiconductor demand.
10-May-2024 💼 SoftBank’s Vision Fund shrinks as Son embraces AI, semiconductors: report SoftBank’s Vision Fund value drops by $29 billion Son shifts focus to AI, considering $100B chip investment
03-Sep-2019 💻 Rise of Greater Bay Area may push demand for Hong Kong semiconductors Hong Kong’s chip design sees high demand growth ASTRI focuses on third-generation semiconductors

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