Tenstorrent raises $1.5 billion at a $6.2 billion valuation to boost its open-weight AI chips.
Inference-focused chipmaker Tenstorrent completes a $1.5 billion round at a $6.2 billion valuation—more than double its year-end 2024 figure of $2.6 billion. Trace Capital and Innovation X lead the round, joined by Cadence Ventures, Eclipse, Fidelity, SanDisk, and T. Rowe Price.
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