# Tenstorrent Raises $1.5B for AI Compute

> Tenstorrent's $1.5B funding expands open compute ecosystem with RISC-V chips.
- Title: Tenstorrent Raises $1.5B for AI Compute · SiliconANGLE
- Summary: 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…
- Keywords: tenstorrent, jim keller, risc-v, ai compute, galaxy servers, blackhole cards, tt-quietbox, tt-forge, tt-metalium, tt-llk, technology, enterprise
- Source: SiliconANGLE — https://siliconangle.com/2026/10/19/chip-legend-jim-kellers-tenstorrent-raises-1-5b-to-expand-its-open-compute-ecosystem
- Author: Mike Wheatley
- Published: 2026-10-19T12:00:46+00:00
- Read time: 1 min
- Topics: tenstorrent, jim keller, risc-v, ai compute, galaxy servers, blackhole cards, tt-quietbox, tt-forge, tt-metalium, tt-llk, technology, enterprise
## 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.
## Key takeaway

Tenstorrent raised $1.5 billion to scale AI compute platforms using open RISC-V architecture.