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Another deep tech chip startup becomes a unicorn: Frore hits $1.64B

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Summary

Frore, a deep tech chip startup, has achieved unicorn status with a $1.64 billion valuation after successfully pivoting to liquid-cooling technology for chips. This strategic shift was influenced by Nvidia CEO Jensen Huang and helped the company raise an additional $143 million. The development underscores the increasing importance of advanced cooling solutions for high-performance computing.

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