Technology
Tenstorrent Secures $1.5B to Scale AI Chips and Remain Independent
Tenstorrent has successfully closed a massive $1.5 billion funding round, driving its total valuation up to $6.2 billion. This financial milestone arrives after the hardware firm previously attracted takeover interest from tech giants like Intel and Qualcomm. Led by Trace Capital and Innovation X, the fresh capital will empower the semiconductor startup to enhance its specialized chips designed for open-weight artificial intelligence models and video generation workloads.