AI Startup Tenstorrent Spurs $100M Funding By Hyundai And Samsung

Scrappy AI chip and technologies startup Tenstorrent announced today that it has secured another major $100M round of funding from new marquee partners Hyundai Motor Group and Samsung Catalyst Fund. Lead by acclaimed Silicon Valley chip architect Jim Keller as its CEO, Tenstorrent already has a proven track record of not only general purpose AI processor designs based on the open source RISC-V architecture, but also highly-tuned, bespoke AI chips and board level accelerators. Tenstorrent also offers cloud services based on its technologies and has a vibrant core design licensing business.