Tenstorrent raises $1.5B at $6.2B valuation, staying independent as Nvidia rival

TechCrunch AI · rss · 2026-10-20

Tenstorrent, the open-weight AI chip challenger to Nvidia, has raised $1.5 billion at a $6.2 billion valuation. The round comes after reported acquisition interest earlier this year, with the company choosing to remain independent and continue scaling its open-source chip strategy.

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