AI chip startup Tenstorrent secures $1.5 billion in funding

AI hardware company Tenstorrent has successfully raised $1.5 billion in a new funding round. The investment brings the valuation of the semiconductor startup to $6.2 billion.

According to the announcement, the newly acquired capital is earmarked to support the ongoing development of the company’s Galaxy servers.

Source: Data Center Dynamics
Original article: https://www.datacenterdynamics.com/en/news/ai-chip-startup-tenstorrent-raises-15bn-at-62bn-valuation/

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