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Deep Tide TechFlow News, April 9th, according to Bloomberg reports, chip startup SiFive completed a $400 million financing round, led by Atreides Management, with participation from Nvidia, Apollo Global Management, and Point72. After the funding, SiFive's valuation reached $3.65 billion.
SiFive stated that the funds raised will be used to expand its market share in the AI data center sector. It is reported that this financing round was oversubscribed, with actual investment interest exceeding the final fundraising amount.