The funding follows a period earlier this year when the company attracted takeover interest. This recent capital injection more than doubles the company's previous valuation as it competes in the hardware market for artificial intelligence.
Tuesday, October 20, 2026
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Tenstorrent Raises $1.5B at $6.2B Valuation
Startups2 days ago
The AI chip startup drew investment from Trace Capital and Innovation X in its latest financing round. Tenstorrent raised $1.5 billion in a Series E, valuing the business at $6.2 billion, up from a $2.6 billion valuation following a $700 million raise in 2024.
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