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via betakit.comCapital Markets

Tenstorrent closes $1.5 billion Series E at $6.2 billion valuation

FROM THE WIRE · BETAKIT.COM

Canadian-founded, US-based AI hardware company Tenstorrent announced it has closed $1.5 billion USD in Series E funding to fuel its global expansion plans.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA large private funding round in AI hardware, with no listed stock directly involved.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tenstorrent is an AI hardware company founded in Canada and based in the US.
  2. 02It closed $1.5 billion USD in Series E funding.
  3. 03The funding will fuel its global expansion plans.

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