Tenstorrent raises $1.5 billion for AI compute
The startup was courted earlier this year by Intel and Qualcomm.
TL;DR
- Tenstorrent raised $1.5 billion at a $6.2 billion post-money valuation.
- The funding round was led by Trace Capital and Innovation X.
- The company was previously courted by Intel and Qualcomm.
- New funding will be used to scale manufacturing.
- Tenstorrent designs AI chips and has expanded into servers.