Tenstorrent hits $6.2B valuation to scale open-weight AI chips

Explain Like I'm Normal

Tenstorrent raised $1.5 billion at a $6.2 billion valuation to scale its RISC-V based AI hardware. The company turned down acquisition offers to remain independent, focusing on building an alternative to Nvidia's closed ecosystem through open-weight optimized architecture. This funding allows them to mass-produce their chiplets and licenses for developers who want to escape the CUDA tax.