Tenstorrent raises $1.5 billion at a $6.2 billion valuation
Tenstorrent, a chip startup focused on inference, has raised $1.5 billion at a $6.2 billion valuation, led by Trace Capital and Innovation X. CEO Jim Keller told Bloomberg the company decided to remain independent after its Galaxy servers could run DeepSeek models. The new capital will go toward scaling chips tailored for serving open-weight AI models and video generation.
NoteEach funded challenger gives buyers of AI compute another option beyond Nvidia.
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