AI Chip Startup Tenstorrent Raises Funds at $6.2 Billion Value
Tenstorrent designs chips that it says are more efficient at running certain AI workloads.Source: Tenstorrent Inc.October 19, 2026 at 11:00 AM UTCTakeaways by Bloomberg AIAI chip startup Tenstorrent Inc., after attracting takeover interest earlier this year, has raised $1.5 billion from investors in a funding round that boosts its valuation to $6.2 billion, according to a statement provided to Bloomberg News.Trace Capital, a firm started this year by Quiet Capital co-founder Ben Mahdavi, led th...
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