Sequoia-backed chip startup Nuvacore raising funds at about a $2.5 billion valuation

Economic Times - Oct 11, 2026

Nuvacore is seeking to raise the funds as the appetite for central processors has swollen due to the thirst for data-crunching capacity to power chatbots such as Anthropic's Claude. CPUs perform vital functions as traffic controllers for Nvidia's AI chips and run autonomous AI software known as agents.

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