In August, with the help of investments from Samsung and Hyundai, Tenstorrent was able to raise over $300 million ($100 million from Samsung, Hyundai, and others). Tenstorrent is a startup company in Canada that focuses its efforts on the manufacturing and development of AI chiplets to improve artificial intelligence. It hopes to challenge Nvidia’s control over the market with several deals with Apple, Intel, Tesla, LG, and Hyundai. They plan on selling these chips as well as the intellectual property of the chips for a multitude of purposes and products including data centers, smart televisions, and much more.
