Mmastodon BusinessBusiness first seen 1 d ago, last 43 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

Tenstorrent, the AI chip company led by veteran chip designer Jim Keller, has raised $1.5 billion to scale up its AI computing systems. Taking on Nvidia requires enormous capital, and the startup is betting on a different model: selling complete machines and licensing its processor designs so customers can build their own chips. The round makes it one of the better-funded Nvidia challengers.

Why now: Investors are pouring money into alternatives to Nvidia as demand for AI computing hardware surges.

TenstorrentNvidiaJim Keller

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Rank over time, top of the chart is #1. 31 snapshots from 1 d ago to 43 min ago.

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• Designing an AI chip is expensive. Challenging Nvidia takes billions. Tenstorrent has raised $1.5bn to scale its AI computing systems. Led by legendary chip designer Jim Keller, it sells complete machines and licenses processor designs for customers’ own chips. What would… · MoveTheNeedle@masto.nu · 2

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