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Mmastodon BusinessBusiness first seen 23 h ago, last 47 min ago, peak #1

Tenstorrent raises $1.5bn to challenge Nvidia in AI chips

Original: Designing an AI chip is expensive. Challenging Nvidia takes billions. Tenstorrent has raised $1.5bn to scale its AI comp

AI chip startup Tenstorrent has raised $1.5 billion to scale its AI computing systems as it mounts a challenge to Nvidia's dominance. Led by famed chip designer Jim Keller, the company sells complete AI machines and licenses its processor designs so customers can build their own chips. The funding underscores how capital-intensive it has become to compete in the AI silicon market.

Why now: The huge funding round highlights growing investor appetite for credible alternatives to Nvidia in the AI chip market.

TenstorrentNvidiaJim Keller

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