AI chip startup Tenspresso in talks for new funding round at valuation of up to $500 million
Original headlineAI 芯片初创公司 Tenspresso 洽谈新一轮融资，估值或达 5 亿美元
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Tenspresso, an AI chip startup founded three months ago by former Google AI chip engineers, is in talks for a new funding round that could value it at $500 million, according to Bloomberg. The discussions follow a $20 million investment from Striker Venture Partners several weeks ago and several key hires. Altimeter Capital Management has since approached the company about additional investment, though the amount and terms have not been disclosed and a deal is not guaranteed. The reported valuation would mark a rapid step-up for such a young chip venture, underscoring continued investor appetite for AI hardware. What to watch next is whether Altimeter or other backers commit and at what terms.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Tenspresso, Striker Venture Partners, Altimeter Capital Management, Bloomberg