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✉news BusinessStartups first seen 1 d ago, last 11 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.

TenstorrentJim KellerNvidia

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