Tenstorrent Raises $1.5 Billion to Scale Galaxy AI Servers

AI chip company Tenstorrent, led by Jim Keller, has successfully closed a $1.5 billion Series E funding round, valuing the company at $6.2 billion. The capital will be used to scale its Galaxy servers, which are designed for AI workloads. This significant investment highlights continued strong investor confidence in the AI chip and infrastructure sector, despite broader market volatility.