Bezos Backed AI Chipmaker Competing with Nvidia, Valued at $2.6 Billion
In recent developments within the artificial intelligence (AI) and semiconductor industries, Amazon founder Jeff Bezos has made a significant investment in Tenstorrent, an AI chip startup. This investment, alongside contributions from other major players, aims to challenge Nvidia's dominance in the AI chip market.
Background of Tenstorrent
Tenstorrent is a Canadian startup focused on developing AI chips designed to compete with Nvidia's offerings. The company is led by semiconductor pioneer Jim Keller, who has a storied history in the industry, having worked with companies like AMD and Tesla. Tenstorrent's mission is to break Nvidia's stronghold on the AI chip market by providing innovative and cost-effective solutions.
