# Tenstorrent raises $1.5 billion at $6.2 billion valuation

_Published Monday, October 19, 2026 at 7:31 AM EDT · AI, Capital · Latest · Tier 2 — Notable_

AI chip startup Tenstorrent has raised $1.5 billion in a funding round that values the company at $6.2 billion, according to a statement provided to Bloomberg News. The financing follows takeover interest in the company earlier this year.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-10-19/ai-chip-startup-tenstorrent-raises-funds-at-6-2-billion-value)

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Canonical: https://techandbusiness.org/newswire/CfDYq8xLa5HBgDMg6MrRqu
Published: 2026-10-19T11:31:54.823Z
Story chronology: 2026-10-19T11:00:39.000Z
Retrieved: 2026-10-19T14:19:43.830Z
Publisher: Tech & Business (techandbusiness.org)