Ricursive Intelligence Hits $4B Valuation in Rapid Funding




📅 - Just two months after emerging from stealth, Silicon Valley startup Ricursive Intelligence has secured a $300 million Series A funding round, catapulting the young AI company to a reported valuation of $4 billion. The California-based firm, which focuses on using artificial intelligence to radically accelerate semiconductor design, has quickly drawn attention from some of the most influential investors in technology.

Lightspeed Venture Partners led the round, with participation from DST Global, NVentures - the venture arm of NVIDIA - Felicis Ventures, 49 Palms Ventures, Radical AI, and Sequoia Capital. According to reporting by the New York Times, Ricursive has now raised approximately [...][... Check source for end of article ...]
Tags: AI

Reads: 3 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author:
URL source: https://hostingjournalist.com/news/ricursive-intelligence-hits-4b-valuation-in-rapid-funding
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!