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AI chip startup Ricursive Intelligence hits $4 billion valuation

Ricursive Intelligence achieved a $4 billion valuation as investors back specialized AI chipmakers.
AI chip startup Ricursive Intelligence has reached a valuation of $4 billion after a fresh funding round, underscoring strong investor appetite for specialized semiconductor players. The company focuses on custom chips designed to optimize artificial intelligence workloads while reducing power consumption. Analysts said demand from data centers and AI model developers is driving valuations, though competition and execution risks remain elevated across the sector globally.