Tenstorrent raises $1.5B at $6.2B valuation to scale inference chips for open-weight AI models
AI inference chip startup Tenstorrent has raised $1.5 billion at a $6.2 billion valuation, more than double the $2.6 billion it fetched in late 2024. The round was led by Trace Capital and Innovation X, with participation from Cadence Ventures, Eclipse, Fidelity, SanDisk and T. Rowe Price. The raise follows reported acquisition interest f…