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✉news TechnologySemiconductors first seen 19 h ago, last 1 h ago, peak #7

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

Chip startup Tenstorrent has reached a $6.2 billion valuation as it pushes to scale production of its open-weight AI chips. The company, led by engineer Jim Keller, positions itself as an open alternative to closed AI hardware from Nvidia and others, betting that open-source designs will attract developers and data centre customers seeking alternatives.

Why now: Investors and the AI industry are closely watching challengers to Nvidia's dominance in AI chips, and Tenstorrent's new valuation signals growing momentum for open hardware.

TenstorrentJim KellerNvidia

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