Tenstorrent Secures $1.5 Billion Funding, Valued at $6.2 Billion

By EC Assets · Published 19 October 2026

Chipmaker Tenstorrent has secured $1.5 billion in funding. The investment round values the company at $6.2 billion. This development follows recent reports concerning the artificial intelligence chip startup. Tenstorrent designs specialized chips for running AI models. The company recently unveiled its Galaxy AI Platform in April 2026. This platform targets scale and efficiency in AI applications. Earlier reports indicated that Qualcomm has been in discussions to acquire Tenstorrent. Qualcomm's interest highlights its ambitions in the AI data center sector. The two companies have discussed a potential acquisition price. Intel shares rose previously on reports of acquisition talks involving Tenstorrent. This article is intended for informational purposes only. It does not constitute investment advice.