Canadian AI hardware startup Tenstorrent has recently announced that it successfully completed a funding round of nearly $700 million. This funding round totaled $693 million, bringing Tenstorrent's valuation to over $2.6 billion. The round was led by Samsung Securities and AFW Partners, with other investors including Hyundai Motor and Jeff Bezos's investment company Bezos Expeditions. Image source note: The image is AI-generated, licensed from Midjourney.

The Japan government-supported semiconductor research group collaborates with the U.S. startup Tenstorrent Inc. to design AI chips. Tenstorrent is working with the Japanese government to design AI chips based on the open-source RISC-V standard. The Japanese government is investing $67 billion to reclaim core status in the semiconductor industry. Tenstorrent collaborates with the government-supported startup Rapidus Corp. to produce the AI chips. Jim Keller is a Silicon Valley legend who has worked at Apple.

Rapidus and Tenstorrent are collaborating to develop 2nm AI chips. Tenstorrent has the best RISC-V CPU IP technology. Rapidus is building Japan's first 2nm advanced logic semiconductor production facility. Rapidus is strengthening Japan's industrial capabilities with domestic and international partners to promote collaboration in the field of intellectual property.