Tenstorrent, a Santa Clara, California-based startup, has secured nearly $700 million in funding, catapulting its valuation to $2.6 billion. This investment round, led by South Korea's

Through his venture capital firm, Jeff Bezos has invested in Tenstorrent. The AI chip startup is focused on developing more affordable solutions. In a market

As the quest for more power and cost efficiency in AI ramps up, smaller companies are sprouting up trying to snatch market share from Nvidia.

AI chip startup Tenstorrent has secured $700 million in funding to challenge industry giant Nvidia. Tenstorrent gets $700 million to bolster AI tech and challenge Nvidia’s dominance in the chip industry. The funding round, backed by Amazon founder Jeff Bezos and Samsung, values the company at $2.6 billion, according to Bloomberg News.

Amazon founder Jeff Bezos participated in a funding round for AI chip startup Tenstorrent. Alongside Samsung Securities and AFW Partners, the billionaire's Bezos Expeditions participated in the $693 million Series D funding round that valued the startup at more than $2.6 billion.

Tenstorrent is also a proponent of an alternative kind of logic processor based on an open standard called RISC-V, which poses a challenge to Arm Holdings Plc.

Amazon.com founder Jeff Bezos has joined forces with Samsung to invest $700 million in Tenstorrent, an AI chip startup.

As an alternative to Nvidia's HBM solutions, Tenstorrent is creating open-source and affordable AI chip technologies

Billionaire Jeff Bezos is throwing his weight behind a computing company that’s coming for Nvidia’s (NVDA) dominance of the artificial intelligence chip market.

The new investment will help Tenstorrent to build an engineering team, invest in its global supply chain and build large artificial intelligence training servers.