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✉news TechnologySemiconductors first seen 3 h ago, last 31 min ago, peak #7

Tenstorrent reaches $6.2 billion valuation for open AI chips

Original: Tenstorrent hits $6.2B valuation to scale open-weight AI chips

Chip startup Tenstorrent has raised funding at a $6.2 billion valuation to expand its open-source, open-weight approach to AI hardware. The company, led by chip veteran Jim Keller, designs RISC-V based processors positioned as an alternative to Nvidia's dominant AI accelerators, betting that open technology will attract developers and datacentre customers.

Why now: Investors and the AI industry are closely watching challengers to Nvidia as demand for AI chips surges.

TenstorrentJim KellerNvidia

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