Canadian AI chip firm Tenstorrent raises $100m from Hyundai, Samsung

Canadian AI chip firm Tenstorrent raises $100m from Hyundai, Samsung

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration

Tenstorrent, a Canadian startup headed by chip industry veteran Jim Keller that is developing artificial intelligence chips, said on Wednesday it has raised $100 million from Hyundai Motor Group and a Samsung investment fund, among others.

Edited by: Pramod Mathew