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Nvidia Challenger Tenstorrent Gets $700 Million to Bolster AI Tech

  • AI chip startup Tenstorrent has raised $700 million in funding to challenge Nvidia.
  • The investment from Jeff Bezos and Samsung values Tenstorrent at $2.6 billion.
  • Tenstorrent plans to expand its engineering team, invest in its supply chain, and develop large AI training servers.
  • The company aims to provide a more affordable alternative to Nvidia's high-bandwidth memory components.

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