Tenstorrent raised $1.5 billion to scale its AI chip hardware, amid reported acquisition interest from Intel and Qualcomm.
- Amount
- $1.5B
- Announced
- 20 October 2026
- Leads
- Trace Capital, Innovation X
- Other investors
- Agostinelli Group, ARK Invest, Brett Barna, Tether Capital
- Use of funds
- Fund volume manufacturing and global commercial expansion
- Valuation
- $6.2B
- Checked
- Amount and date checked against the press source