TechBloomberg Tech2h ago
Months-Old Chip Startup Tenspresso in Talks for $500 Million Valuation
Months-Old Chip Startup Tenspresso in Talks for $500 Million Valuation
TL;DRThree-month-old AI chip startup founded by ex-Google engineers seeking $500 million valuation.
Why it matters: Shows explosive venture appetite for AI chip alternatives to Nvidia amid chip supply constraints.
Tenspresso, a three-month-old artificial intelligence chip startup founded by former Google AI chip engineers, is in talks for financing that would value it at $500 million, according to people familiar with the matter.
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