Chip startup SiFive has successfully completed a $400 million funding round, spearheaded by Atreides Management. Notable participants in the round included Nvidia, Apollo Global Management, and Point72. Following this investment, SiFive's valuation has reached $3.65 billion. The company plans to utilize the newly acquired capital to enhance its presence in the AI data center market. The funding round was notably oversubscribed, with investment commitments surpassing the final amount raised.