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Tenstorrent valuation doubles to $6.2 billion in new funding

Original: tether

AI chip startup Tenstorrent has more than doubled its valuation to $6.2 billion after a new funding round, according to Reuters. The company, which develops processors and licensing technology for artificial intelligence workloads, is riding strong investor interest in AI hardware. The raise underscores how capital continues to flow toward companies competing with Nvidia in the chip market.

Why now: Investor enthusiasm for AI chipmakers keeps growing, making Tenstorrent's sharply higher valuation notable news right now

TenstorrentReuters

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Evidence

• AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding round · Reuters
• Tether Claims Wallet Freezes Cut Iran-Linked Stablecoin Activity by 94% Amid US Senate Scrutiny · FinanceFeeds

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