Nvidia-backed SiFive reaches $3.65 billion valuation while pioneering open-source RISC-V chip architecture as alternative to x86 and ARM designs

SiFive achieves $3.65 billion valuation with backing from Nvidia, positioning itself in the competitive AI chip market

Company differentiates itself by using RISC-V instruction set architecture instead of mainstream x86 or ARM technologies

RISC-V approach enables open-source chip design, potentially offering more flexibility and customization for AI applications