Sources: Zyphra, which trains and runs inference for its open-weight models on AMD hardware, is raising a $500M Series B at a valuation of at least $5B
Nvidia's primary moat is its proprietary software CUDA. DeepSeek is challenging that in China with Huawei chips, and Zyphra is challenging it in the West with AMD. Forbes: “San Francisco-based Zyphra develops advanced, open-weight artificial intelligence models and offers cloud […