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

Startup chipmaker Tenstorrent's latest funding round valued the company at about $2.6 billion and included investments from Jeff Bezos and Samsung.

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

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

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