AIBloomberg1h ago
AI chip startup Tenstorrent raised a $1.5B Series E led by Trace
AI chip startup Tenstorrent raised a $1.5B Series E led by Trace Capital and Innovation X at a $6.2B valuation, up from $2.6B after raising $700M in 2024
TL;DRAI chip startup Tenstorrent raised $1.5B, doubling its valuation to $6.2B in under a year.
Why it matters: Signals investor confidence in non-Nvidia alternatives as AI chip competition intensifies and demand accelerates.
AI chip startup Tenstorrent Inc., after attracting takeover interest earlier this year, has raised $1.5 billion from investors …
Read full articleSource: Bloomberg · Opens in new tab