Tenstorrent raises $1,5 billion and doubles its value
This story is from 2026-10-19. It is preserved in the archive; the latest stories are on the live feed.
AI chip maker Tenstorrent has secured $1.5 billion in a new funding round led by Trace Capital and Innovation X, doubling its valuation to $6.2 billion. The ten-year-old company will use the capital to scale inference chips tailored for open-weight AI models and video generation, following CEO Jim…
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- 2026-10-19 19:14 · DEV Community — AI
Tenstorrent raises $1,5 billion and doubles its value