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Tenstorrent hits $6.2B valuation to scale open-weight AI chips

Tenstorrent attains $6.2bn valuation with $1.5bn funding round

By GPU Data Hub Desk · GPU Data Hub·Editorial standards··United States

Semiconductor startup Tenstorrent has reached a $6.2 billion valuation following a $1.5 billion funding round. The company opted to raise external capital to scale its open-weight silicon architectures and remain independent after attracting takeover interest earlier this year. The investment positions the firm as a well-capitalised competitor in the hardware accelerator market alongside incumbent suppliers such as Nvidia.

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This summary was written by the GPU Data Hub desk from reporting published by TechCrunch on 19 Oct 2026, 18:37. Read the full article at the original publisher.

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