Nvidia opposition Tenstorrent finishes $700 million financing round backed by Jeff Bezos, other prominent financiers
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In context: As AI continues to remake markets, the need for more effective and cost-efficient AI chips is poised for tremendous development. Tenstorrent's success in attracting this financial investment recommends that the marketplace is all set for options to Nvidia's offerings.
Tenstorrent, a Santa Clara, California-based start-up, has actually protected almost $700 million in financing, catapulting its appraisal to $2.6 billion. This financial investment round, led by South Korea's AFW Partners and Samsung Securities, signifies the development of another Nvidia rival.
The business is likewise bring in the attention of tech market titans. Amazon creator Jeff Be...