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Tenstorrent raises $1.5B at $6.2B valuation

1 reports1 sourcesUpdated 3 hours ago

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AI summary

Tenstorrent raised $1.5 billion at a $6.2 billion valuation, more than doubling its $2.6 billion valuation from late 2024. The round was led by Trace Capital and Innovation X. The company says the funding will go toward scaling its open-weight AI chips.

Generated by AI from the reporting · updated 2 hours ago

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Oct 19
  1. TechCrunch · AI
    Tenstorrent raises $1.5B at $6.2B valuation to scale open-weight AI chips

    Tenstorrent raised $1.5 billion at a $6.2 billion valuation, more than doubling its $2.6 billion valuation from late 2024. The round was led by Trace Capital and Innovation X.

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