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TechFlow reports that AI chip developer Tenstorrent has announced a $100 million strategic funding round. The round was led by Hyundai Motor Group and Samsung Catalyst Fund, with participation from Fidelity Ventures, Epiq Capital, Maverick Capital, and Eclipse Ventures.
Tenstorrent said the funds will be used to "accelerate the company's product development, design and development of AI chiplets," as well as advance its machine learning software roadmap.
AI chip developer Tenstorrent announced the completion of a $100 million strategic funding round. The round was led by Hyundai Motor Group and Samsung Catalyst Fund, with participation from Fidelity Ventures, Epiq Capital, Maverick Capital, and Eclipse Ventures. Tenstorrent said the funds will be used to "accelerate the company's product development, design and development of AI chiplets," as well as advance its machine learning software roadmap.
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