The Latent(@TheLatentCo):THE LATENT: AI chip startup Tenstorrent has raised $1.5 billion in Series E funding at a $6.2 billion post-money valuation, more than doubling its valuation from its previous round in December 2024. Trace Capital and Innovation X led the round, with participation from investors including ARK Invest, Fidelity Management & Research Company, Morgan Stanley, SanDisk, Tether Investments, and Virtu Financial. Tenstorrent said the funding will support volume manufacturing and global expansion.

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2026.10.19 14:25

THE LATENT: AI chip startup Tenstorrent has raised $1.5 billion in Series E funding at a $6.2 billion post-money valuation, more than doubling its valuation from its previous round in December 2024. Trace Capital and Innovation X led the round, with participation from investors including ARK Invest, Fidelity Management & Research Company, Morgan Stanley, SanDisk, Tether Investments, and Virtu Financial. Tenstorrent said the funding will support volume manufacturing and global expansion.