Tenstorrent Reaches $6.2B Valuation With $1.5B Funding to Advance Open-Weight AI Chips
AI chip startup Tenstorrent has secured a $1.5 billion funding round, pushing its valuation to $6.2 billion and allowing the company to remain independent following recent acquisition interest. This capital will be used to scale its open-weight hardware architecture, positioning the firm as a growing challenger to industry giant Nvidia in the competitive AI infrastructure market.
Source: TechCrunch