Ex-Intel executives raise $21.5 million for RISC-V chip startup


FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

SAN FRANCISCO (Reuters) - Newly formed chip startup AheadComputing on Wednesday said it had raised $21.5 million in seed funding.

Co-founded by several former Intel central processing unit (CPU) engineers and executives, the company plans to build technology and chips based on the open source architecture called RISC-V, pronounced "risk five."

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