Tenstorrent hits $6.2B valuation to scale open-weight AI chips
Summary
AI chip startup Tenstorrent successfully secured a substantial funding round to maintain its independence after attracting takeover interest. The company reached a multi-billion dollar valuation as it focuses on expanding its open-weight semiconductor technology to compete directly with Nvidia.
After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.
Source: Read the full story at TechCrunch
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