Tenstorrent raises nearly $700 million in a Series D round that values the AI hardware company at more than $2.6 billion.

Amazon founder Jeff Bezos participated in a funding round for AI chip startup Tenstorrent. Alongside Samsung Securities and AFW Partners, the billionaire's Bezos Expeditions participated in the $693 million Series D funding round that valued the startup at more than $2.6 billion.

Tenstorrent, a Santa Clara, California-based startup, has secured nearly $700 million in funding, catapulting its valuation to $2.6 billion. This investment round, led by South Korea's

Through his venture capital firm, Jeff Bezos has invested in Tenstorrent. The AI chip startup is focused on developing more affordable solutions. In a market

AI chip startup Tenstorrent has secured $700 million in funding to challenge industry giant Nvidia. Tenstorrent gets $700 million to bolster AI tech and challenge Nvidia’s dominance in the chip industry. The funding round, backed by Amazon founder Jeff Bezos and Samsung, values the company at $2.6 billion, according to Bloomberg News.

Amazon.com founder Jeff Bezos joined Samsung in a $700 million bet on Tenstorrent, valuing the AI chip startup with ambitions of taking on Nvidia at about $2.6 billion. Tenstorrent, which hopes to create a chip to try and break

The new investment will help Tenstorrent to build an engineering team, invest in its global supply chain and build large artificial intelligence training servers.