From SiliconANGLE · Mike Wheatley · · 1m 20s
Tenstorrent Raises $1.5B for AI Compute
Tenstorrent's $1.5B funding expands open compute ecosystem with RISC-V chips.
In brief
Tenstorrent's $1.5B funding expands open compute ecosystem with RISC-V chips. Tenstorrent raised $1.5 billion to scale AI compute platforms using open RISC-V architecture. Originally reported by SiliconANGLE.
Tenstorrent Raises $1.5B
Tenstorrent Inc. raised $1.5 billion in a late-stage funding round led by Trace Capital and Innovation X.
Valuation Hits $6.2B
The Series E round brings Tenstorrent's valuation to $6.2 billion with new backers including Protagonist and Morgan Stanley.
Jim Keller Leads
Chief Executive Jim Keller, a semiconductor industry legend with experience at Intel, Apple, and Tesla, leads Tenstorrent.
AI Compute Platforms
Tenstorrent sells Galaxy servers, TT-QuietBox workstations, and Blackhole cards for AI workloads.
RISC-V Architecture
Its Tensix Neo accelerators and Ascalon CPUs use open RISC-V instruction sets for scalable, energy-efficient AI computing.
Enterprise Adoption
Virtu Financial uses Galaxy servers for on-premises AI trading agents, and Equinix offers them to enterprises.
Software Stack
Tenstorrent developed TT-Forge, TT-Metalium, and TT-LLK for compiling and optimizing AI models on its hardware.
Keller's Vision
Keller stated: 'We’ve built one architecture and we sell it at every size. The future of compute is open, scalable and owned by the people building on it.'
“We’ve built one architecture and we sell it at every size. The future of compute is open, scalable and owned by the people building on it.”
Analyst Support
Constellation Research analyst Holger Mueller called Tenstorrent one of the most promising startups for efficient AI computing platforms.
What it means
Tenstorrent raised $1.5 billion to scale AI compute platforms using open RISC-V architecture.
