Nuvacore plans to seek a new round of financing with a valuation of 2.5 billion USD

According to a report by Reuters, sources revealed that Nuvacore, a chip startup supported by Sequoia Capital, is seeking hundreds of millions in financing, with the company valued at approximately $2.5 billion.

Founded just 6 months ago, Nuvacore has completed a seed round of financing led by Sequoia Capital and has not yet launched a product. The company plans to develop a new type of central processing unit (CPU) aimed at data centers. As the demand for computing power from AI applications continues to grow, the data center CPU market has attracted investor attention, with CPUs being used to coordinate AI chip tasks and run autonomous AI software agents to optimize common computing tasks for data centers and AI infrastructure.