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AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung

Case in point, Tenstorrent, the AI hardware startup helmed by engineering luminary Jim Keller, this week announced that it raised $100 million in a convertible note funding round co-led by Hyundai Motor Group and Samsung Catalyst Fund. Indeed, $50 million of the total came from Hyundai's two car-making units, Hyundai Motor ($30 million) and Kia ($20 million), which plan to partner with Tenstorrent to jointly develop chips, specifically CPUs and AI co-processors, for future mobility vehicles and robots. Samsung Catalyst and other VC funds, including Fidelity Ventures, Eclipse Ventures, Epiq Capital and Maverick Capital, contributed the remaining $50 million.

AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung

Changes at Tenstorrent as Bajic Steps Down, Koduri Joins

Changes at Tenstorrent as Bajic Steps Down, Koduri Joins
eetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eetimes.com Daily Mail and Mail on Sunday newspapers.

Raja Koduri joins Tenstorrent s Board of Directors; CTO Ljubisa Bajic scales back his role

NASLEDIO TALENAT OD OCA - Đanijev stariji SIN pokazao svoj RASKOŠAN GLAS!

NASLEDIO TALENAT OD OCA - Đanijev stariji SIN pokazao svoj RASKOŠAN GLAS!
informer.rs - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from informer.rs Daily Mail and Mail on Sunday newspapers.

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