SiFive raises $400m to boost datacentre push

Investors were Atreides Management, Apollo Global Management, Nvidia, Point72, Turion and T Rowe Price Investment Management, Prosperity7 Ventures, and Sutter Hill Ventures.

The financing values the company at $3.65bn and will accelerate SiFive’s Risc-V CPU and AI IP products for the datacentre.

“Hyperscale customers have made it very clear that it is time to accelerate the availability of open standard alternatives for the datacentre,” says SiFive CEO Patrick Little. “Their consistent ask is for customisable CPU solutions in IP form, that will enable them to meaningfully differentiate their datacentre compute solutions.”

The financing will enable SiFive to accelerate the development of its next generation datacentre products and expand its global engineering teams to meet the needs of agentic AI workloads.

SiFive’s investment focus will be on:

• Advanced R&D: expand the roadmap of high-performance scalar, vector and matrix Risc-V CPU, accelerator, and system IP
• Software ecosystem: accelerate datacentre software development on the SiFIve platform, building on existing ports of CUDA, RedHat and Ubuntu
• Customer enablement: close collaboration with customers and industry leaders to streamline their path to deployment.