After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.
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Tenstorrent raises $1.5B at $6.2B valuation to scale open-weight AI chips
Tenstorrent, a challenger to Nvidia in AI chips, has raised $1.5 billion at a $6.2 billion valuation. The company said it will use the funding to remain independent and to scale its open-weight AI chip efforts. The raise follows acquisition interest in the company earlier this year.
It signals major investor backing for an Nvidia alternative focused on open-weight AI hardware, relevant to tracking AI chip competition and supply.
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