Tenstorrent hits 6.2 billion dollar valuation after 1.5 billion raise
FROM THE WIRE · FINANCE.YAHOO.COM
Tenstorrent, a chip startup focused on inference, has raised $1.5 billion at a $6.2 billion valuation. The round comes five months after the 10-year-old Nvidia challenger reportedly received acquisition interest from Intel and Qualcomm at valuations of as much as $5 billion. The…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA raise of this size in AI chips reinforces investor demand for Nvidia alternatives.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The inference chip startup raised 1.5 billion dollars.
- 02Its valuation more than doubled from 2.6 billion in late 2024.
- 03The round was led by Trace Capital and Innovation X.