NUVIA Raises $240M Series B Funding as it Accelerates Plans to Deliver Industry Leading CPU Performance to the Data Center

[AleksandarK]

NUVIA, a leading-edge silicon design company, today announced the close of its Series B funding round, raising $240M. The funding round was led by Mithril Capital in partnership with Sehat Sutardja and Weili Dai (founders of Marvell Technology Group), funds and accounts managed by BlackRock, Fidelity Management & Research Company LLC., and Temasek, with additional participation from Atlantic Bridge, Redline Capital, Capricorn Investment Group, Dell Technologies Capital, Mayfield, Nepenthe LLC and WRVI Capital. The closure of NUVIA's Series B round builds on a $53M Series A round, raised in November 2019. NUVIA was founded in February 2019 by John Bruno, Manu Gulati and Gerard Williams, with the vision to create the world's leading server processor.



"The opportunity in front of NUVIA has never been brighter, with an industry that's looking for a new way to get the performance needed to power the next generation of cloud and enterprise computing," said Gerard Williams III, CEO, NUVIA. "We're very fortunate to have an incredible group of investors behind us as we close Series B and take the next steps in our vision to redefine performance, energy efficiency, scalability, compute density and total cost of ownership within the data center."

NUVIA is building a leading-edge SoC and CPU core, codenamed "Orion" and "Phoenix," that are designed to deliver industry leading performance on real cloud workloads. More details on performance for the Phoenix CPU can be found at https://nuviainc.com/blog/performancedeliveredanewway.

About NUVIA
Headquartered in Santa Clara, NUVIA was founded on the promise of reimagining silicon design for high-performance computing environments. The company is focused on building products that blend the best attributes of compute performance, power efficiency and scalability. For more information, please visit www.nuviainc.com.

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[Anymal]

Jensen, buy it fast.

 

[The Quim Reaper]

Jensen, buy it fast.

Well, seeing as NUVIA are using ARM CPU's, he already has a stake in it, (assuming the purchase of ARM goes through, that is)

 

[Tardian]

This rush to big data, the IoT, and Ai when combined with a climate-changed world and the COVID-19 pandemic will have immense implications for those who are not super-rich. Private equity firms to NOT have the public's best interest in mind. Those on this site with the power to direct (even in a minuscule way) need to act and act NOW.

 

[TheoneandonlyMrK]

This rush to big data, the IoT, and Ai when combined with a climate-changed world and the COVID-19 pandemic will have immense implications for those who are not super-rich. Private equity firms to NOT have the public's best interest in mind. Those on this site with the power to direct (even in a minuscule way) need to act and act NOW.

I'll get in touch with oL lizerd eye's ,get him on the case.

On topic ISH how are Cadmium financially is there room for such.

 

[Steevo]

This rush to big data, the IoT, and Ai when combined with a climate-changed world and the COVID-19 pandemic will have immense implications for those who are not super-rich. Private equity firms to NOT have the public's best interest in mind. Those on this site with the power to direct (even in a minuscule way) need to act and act NOW.

That is a lot of what if, maybe, and conjecture.


Care to support any of it with facts?

 

[Tardian]

That is a lot of what if, maybe, and conjecture.


Care to support any of it with facts?

Depends whether you source your current affairs from FoxNews or from ABC/PBS? I don't live in the USA and yet I am worried about the outcome of the election and the replacement of Justice Ginsberg. Big data, the IoT, and Ai are tools that will allow the concentration of power and resources into the hands of a select few. Corporations have more power than governments and the former controls the latter. The average IQ on this site IMO is rather high and my comment was designed to encourage others to join the dots. What is happening in the USA is happening in most of the developed world.