Chips & compute · 21 October 2026

Tenstorrent raises $1.5B at $6.2B valuation for open-weight serving chips

AI chip startup Tenstorrent closed a $1.5B round at a $6.2B post-money valuation to scale chips aimed at serving open-weight models and video generation.

Why it matters

Alternative inference hardware could cut serving costs for open-model features within a few quarters.

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