Tenstorrent valued at $6.2B for open-weight AI chips
tenstorrent raises $1.5 billion at $6.2 billion valuation to scale open-weight ai chips and challenge nvidia dominance.
tenstorrent, a chip startup focused on inference, raised $1.5 billion at a $6.2 billion valuation. the round was led by trace capital and innovation x, with participation from cadence ventures, eclipse, fidelity, sandisk, and t. rowe price. the company, led by ceo jim keller, plans to use the new capital to scale chips tailored for serving open-weight ai models and video generation. tenstorrent is part of a wave of ai hardware startups trying to chip away at nvidia's dominance.