Tenstorrent raises $1.5 billion, valuation hits $6.2 billion
Markets
Bloomberg Technology
Tenstorrent announced a $1.5 billion funding round that values the chip startup at roughly $6.2 billion. CEO Jim Keller said the capital will be used to scale the Galaxy server program and develop AI intellectual property, while the company remains independent after earlier acquisition interest. The round follows previous reports of the Nvidia challenger’s fundraising.
Why it matters: The infusion of capital enables Tenstorrent to accelerate its AI chip roadmap, affecting hardware choices for developers building next‑gen AI systems.
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