[Chip Startup Nuvacore Backed by Sequoia Capital Seeks New Funding at a $2.5 Billion Valuation] According to Deep Tide TechFlow, on October 10, Reuters reported that sources familiar with the matter revealed that chip startup Nuvacore, backed by Sequoia Capital, is seeking to raise several hundred million dollars in funding, with a company valuation of approximately $2.5 billion. Nuvacore was founded just six months ago and previously completed a seed funding round led by Sequoia Capital. The company has yet to launch a product and plans to develop a new type of central processing unit (CPU) for data centers. As the demand for computing power driven by AI applications continues to grow, the data center CPU market has attracted investor attention. CPUs are used to coordinate AI chip tasks and run autonomous AI software agents, optimized for common computing tasks in data center and AI infrastructure.