AI startup Tenstorrent closes $1.5 billion Series E funding round with participation from Tether and others.

PANews October 19 news: AI startup Tenstorrent has completed a $1.5 billion Series E funding round, reaching a post-money valuation of $6.2 billion. The round was led by Trace Capital and Innovation X, with participation from new and existing investors including Agostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, SanDisk, T. Rowe Price*, Tether Investments, Troluce Capital, Virtu Financial, and XTX Markets.