AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding round

Tuesday, October 20, 2026 - 22:55
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Based in Santa Clara, Tenstorrent has just secured an impressive $1.5 billion in its latest funding round, propelling the AI chip startup's valuation to $6.2 billion, a leap since late 2024. This investment will significantly bolster the production of their Galaxy servers, which are crucial across various applications. Among the diverse investors backing this initiative are renowned firms like ARK Invest and T.

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