<ul><li>Tenstorrent, a new competitor in the AI chip market, has announced a massive funding round of $700 million.</li><li>Notable investors in Tenstorrent include Jeff Bezos, Samsung, LG Electronics, and Fidelity.</li><li>The company is valued at $2.6 billion, positioning itself as a strong competitor to NVIDIA.</li><li>Tenstorrent aims to disrupt the AI chip market by focusing on affordable and power-efficient chips that leverage open-source RISC-V technology.</li></ul>

A New AI Chip Competitor Just Announced A Massive Founding Round with The Likes of Jeff Bezos

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