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[STARTUPS]■ STORY TIMELINE

ZYPHRA RAISES $500M SERIES B AT $5B VALUATION

Zyphra, an AI startup focused on open-weight models running on AMD hardware, is raising $500 million in Series B funding at a valuation of at least $5 billion. AMD is participating in the round.

2 SOURCESFIRST SEEN MAY 19, 10:25 PM► READ THE ARTICLE
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Anna Tong / Forbes: Sources: Zyphra, which trains and runs inference for its open-weight models on AMD hardware, is rais…

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Cheng Ting-Fang / Nikkei Asia: AMD CEO Lisa Su projects the CPU market will grow over 35% annually through 2031, up from…