Tenstorrent raises $1.5 billion in Series E funding at a $6.2 billion post-money valuationMachine translation

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RISC-V AI computing company Tenstorrent announced a $1.5 billion Series E round at a $6.2 billion post-money valuation, up from about $2.7 billion after its Series D round in late 2024. The company says the funding will support large-scale production and global commercial expansion.

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IT Home reported on October 19 that RISC-V AI computing company Tenstorrent announced today, U.S. local time, that it had completed a Series E funding round totaling $1.5 billion (IT Home note: approximately 10.039 billion yuan at the current exchange rate). The company's post-money valuation reached $6.2 billion (approximately 41.495 billion yuan at the current exchange rate).

Tenstorrent is led by renowned chip designer Jim Keller and has released several AI chip products. The company previously raised Series D funding at the end of 2024 at a post-money valuation of approximately $2.7 billion.

The company's Series E round was led by Trace Capital and Innovation X, with several new and existing investors participating. The funds will support Tenstorrent's large-scale production and global commercial expansion.

Jim Keller said:

We have built a unified architecture and sell it in various configurations. The future of computing technology is open, scalable, and owned by the people who build on it. Our investors also believe in this model, and we are very grateful for their support.

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