Nuvacore's Williams lands $2.5B for a chip that doesn't exist
Nuvacore Raises Millions at $2.5B Valuation for a Chip That Doesn't Exist There is no chip. No benchmarks, no tape-out date, no process node, no factory line with Nuvacore's name on it. What there is: a six-month-old startup in San Jose, three famous engineers, a PowerPoint-worthy idea about how to design processors backwards — and, according to a Reuters exclusive published Friday, a line of investors ready to hand it hundreds of millions of dollars at a valuation of roughly $2.5 billion. If that sounds absurd, you're not wrong. But you're also, probably, missing the point. Nobody is buying silicon here. They're buying the people who built the silicon inside your iPhone — and betting that lightning strikes twice. File photo: a processed silicon wafer covered in individual dies. Nuvacore has not published any images of its WarpCore design — the company has no product yet. Photo: Inductiveload, public domain via Wikimedia Commons. The number that stopped th...