# Galaxy servers

Published articles for Galaxy servers.

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## Tenstorrent hits $6.2B valuation to scale open-weight AI chips

DevFeed: [Tenstorrent hits $6.2B valuation to scale open-weight AI chips](<https://devfeed.tech/articles/tenstorrent-hits-6-2b-valuation-to-scale-open-weight-ai-chips-90092.md>)

Original publisher: [Read original article](<https://techcrunch.com/2026/10/19/tenstorrent-hits-6-2b-valuation-to-scale-open-weight-ai-chips/>)

Author: Marina Temkin

Published: 2026-10-19T18:37:27Z

Content type: news

Language: en

Sources: [TechCrunch | AI News & Artificial Intelligence](<https://devfeed.tech/sources/techcrunch-ai-news-artificial-intelligence.md>)

Topics: [Open Source Models & Datasets](<https://devfeed.tech/topics/open-source-models-datasets.md>)

Tags: [1-5](<https://devfeed.tech/tags/1-5.md>), [acquisition](<https://devfeed.tech/tags/acquisition.md>), [ai](<https://devfeed.tech/tags/ai.md>), [ai-chips](<https://devfeed.tech/tags/ai-chips.md>), [bloomberg](<https://devfeed.tech/tags/bloomberg.md>), [ceo](<https://devfeed.tech/tags/ceo.md>), [chip-startup](<https://devfeed.tech/tags/chip-startup.md>), [chips](<https://devfeed.tech/tags/chips.md>), [deepseek](<https://devfeed.tech/tags/deepseek.md>), [fundraising](<https://devfeed.tech/tags/fundraising.md>), [galaxy](<https://devfeed.tech/tags/galaxy.md>), [galaxy-servers](<https://devfeed.tech/tags/galaxy-servers.md>), [generation](<https://devfeed.tech/tags/generation.md>), [hardware](<https://devfeed.tech/tags/hardware.md>), [in-brief](<https://devfeed.tech/tags/in-brief.md>), [independent](<https://devfeed.tech/tags/independent.md>), [inference](<https://devfeed.tech/tags/inference.md>), [nvidia](<https://devfeed.tech/tags/nvidia.md>), [open-weight-ai](<https://devfeed.tech/tags/open-weight-ai.md>), [scale](<https://devfeed.tech/tags/scale.md>), [tc](<https://devfeed.tech/tags/tc.md>), [tenstorrent](<https://devfeed.tech/tags/tenstorrent.md>), [valuation](<https://devfeed.tech/tags/valuation.md>), [venture](<https://devfeed.tech/tags/venture.md>)

### AI overview

Tenstorrent raised $1.5 billion at a $6.2 billion valuation to remain independent and expand chips for serving open-weight AI models and video generation. CEO Jim Keller said the company chose to raise after demonstrating that its Galaxy servers could run DeepSeek models. The round, led by Trace Capital and Innovation X, more than doubled Tenstorrent's late-2024 valuation of $2.6 billion; the excerpt says it followed reported acquisition interest from Intel and Qualcomm five months earlier.

### Source excerpt

After drawing acquisition interest earlier this year, the Nvidia challenger raised $1.5 billion to remain independent.

## Tenstorrent raises $1.5B to expand its AI computing platforms and open software ecosystem

DevFeed: [Tenstorrent raises $1.5B to expand its AI computing platforms and open software ecosystem](<https://devfeed.tech/articles/chip-legend-jim-keller-s-tenstorrent-raises-1-5b-to-expand-its-open-compute-ecosystem-90063.md>)

Original publisher: [Read original article](<https://siliconangle.com/2026/10/19/chip-legend-jim-kellers-tenstorrent-raises-1-5b-to-expand-its-open-compute-ecosystem/>)

Author: Mike Wheatley

Published: 2026-10-19T12:00:46Z

Content type: news

Language: en

Sources: [SiliconANGLE](<https://devfeed.tech/sources/siliconangle.md>)

Topics: [AI Infrastructure](<https://devfeed.tech/topics/ai-infrastructure.md>), [RISC-V](<https://devfeed.tech/topics/riscv.md>), [Nvidia](<https://devfeed.tech/topics/nvidia.md>)

Tags: [ai-compute](<https://devfeed.tech/tags/ai-compute.md>), [ai-hardware](<https://devfeed.tech/tags/ai-hardware.md>), [ai-servers](<https://devfeed.tech/tags/ai-servers.md>), [ai-workstation](<https://devfeed.tech/tags/ai-workstation.md>), [computing-hardware](<https://devfeed.tech/tags/computing-hardware.md>), [funding](<https://devfeed.tech/tags/funding.md>), [funding-round](<https://devfeed.tech/tags/funding-round.md>), [galaxy-servers](<https://devfeed.tech/tags/galaxy-servers.md>), [infra](<https://devfeed.tech/tags/infra.md>), [innovation-x](<https://devfeed.tech/tags/innovation-x.md>), [jim-keller](<https://devfeed.tech/tags/jim-keller.md>), [news](<https://devfeed.tech/tags/news.md>), [risc-v-architecture](<https://devfeed.tech/tags/risc-v-architecture.md>), [risc-v-chips](<https://devfeed.tech/tags/risc-v-chips.md>), [series-b](<https://devfeed.tech/tags/series-b.md>), [tenstorrent](<https://devfeed.tech/tags/tenstorrent.md>), [the-latest](<https://devfeed.tech/tags/the-latest.md>), [top-story-2](<https://devfeed.tech/tags/top-story-2.md>), [trace-capital](<https://devfeed.tech/tags/trace-capital.md>), [tt-quietbox](<https://devfeed.tech/tags/tt-quietbox.md>)

### AI overview

Tenstorrent raised $1.5 billion in Series E funding, bringing its valuation to $6.2 billion. The company offers AI servers, workstations and accelerator cards alongside an open-source compiler and development tools for running models on its hardware. It plans to expand Galaxy server production, fund RISC-V research and grow its global workforce.

### Source excerpt

Artificial intelligence computing hardware startup Tenstorrent Inc. is pushing hard to position itself as an alternative to Nvidia Corp.'s graphics processing units after raising a massive $1.5 billion in a late-stage funding round today. The Series E round was jointly led by Trace Capital and Innovation X and saw participation from new and existing backers [...] The post Chip legend Jim Keller's Tenstorrent raises $1.5B to expand its open compute ecosystem appeared first on SiliconANGLE.