Sources: Nuvacore, a six-month-old Sequoia-backed chip startup that's designing a new central processor for data centers, is raising funds at a ~$2.5B valuation (Reuters)
Nuvacore is seeking a multibillion-dollar valuation before it has a product.
The six-month-old startup is backed by Sequoia and is designing a central processor for data centers. Reuters says it is raising hundreds of millions of dollars at about a $2.5 billion valuation. The note frames the round as based on sources, not a company announcement. Techmeme's note
The six-month-old startup is backed by Sequoia and is designing a central processor for data centers. Reuters says it is raising hundreds of millions of dollars at about a $2.5 billion valuation. The note frames the round as based on sources, not a company announcement. Techmeme's note
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