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Tenstorrent raises $1.5B at $6.2B valuation to scale open-weight AI chips

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Tenstorrent, a challenger to Nvidia in the AI chip market, has raised $1.5 billion at a $6.2 billion valuation. The funding comes after the company attracted acquisition interest earlier this year. The raise allows Tenstorrent to stay independent while it expands its open-weight AI chip business. The article provides few additional details beyond the funding and independence rationale.

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Tenstorrent raises $1.5B at $6.2B valuation to scale open-weight AI chips · ShortSingh