✉news BusinessStartups first seen 1 d ago, last 5 h ago, peak #1
AI chip startup Tenstorrent doubles valuation to $6.2 billion
Original: AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding round
AI chip startup Tenstorrent has more than doubled its valuation to $6.2 billion following a new funding round, according to Reuters and other outlets. The company, led by chip industry veteran Jim Keller, is developing alternatives to Nvidia's dominant AI processors. The raise underscores continued heavy investor appetite for semiconductor startups positioning themselves in the fast-growing artificial intelligence hardware market.
Why now: Investors and the tech industry are closely watching new challengers to Nvidia in the booming AI chip market.
Rank over time, top of the chart is #1. 5 snapshots from 10 h ago to 5 h ago.
Evidence
- AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding round · Reuters
- AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding round · The Mighty 790 KFGO
- AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding round · StreetInsider
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