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flag AheadComputing raises $21.5M to develop open-source chips for AI, founded by ex-Intel engineers.

flag AheadComputing, a new chip startup founded by former Intel engineers, has raised $21.5 million to develop open-source RISC-V based chips. flag The funding, led by Eclipse Ventures and including investments from other firms and former Apple and Tesla chip architect Jim Keller, will help address AI-related issues such as bandwidth shortages and data processing limitations. flag The company aims to tap into a high-performance computing market expected to reach $100 billion by 2030.

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