Tenstorrent closes $1.5B Series E funding

Tenstorrent has closed a $1.5 billion Series E funding round at a $6.2 billion post-money valuation. The AI computing company plans to use the capital to scale the deployment of its Galaxy servers, support open-weight models for LLMs and video generation, and advance its licensable AI and CPU IP. The company provides a full stack of AI compute hardware alongside an open-source software stack. Open article →