Tenstorrent hits $6.2B valuation to scale open-weight AI chips

Tenstorrent, a chip startup focused on inference, has raised $1.5 billion at a $6.2 billion valuation. The round comes five months after the 10-year-old Nvidia challenger reportedly received acquisition interest from Intel and Qualcomm at valuations of as much as $5 billion. The fresh round, which more than doubled Tenstorrent’s valuation from the $2.6 billion it fetched in late 2024, was led…