The American AI chip startup Rivos is pursuing a funding round of $400 to $500 million to propel the research and development (R&D) and production of its AI inference GPUs, targeting a launch date in 2026. Since its establishment, Rivos has garnered over $870 million in total funding and currently boasts a valuation of approximately $500 million. Backed by prominent investors including Intel, TSMC, and MediaTek, the company is dedicated to the development of RISC-V architecture chips.
