kapynFunding & M&A

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

Tenstorrent secures $1.5 billion in funding, boosting its valuation to $6.2 billion and keeping it independent from Nvidia. The raise fuels expansion of its open‑weight AI chip lineup, positioning the company as a serious competitor in the AI hardware race. This move signals growing investor confidence in specialized AI processors.

TechCrunch AI·Oct 19, 2026

Opening Kapyn…