Source: Qualcomm is in talks to buy AI chip designer Tenstorrent for $8B to $10B; Tenstorrent discussed raising $800M at a ~$3.2B valuation last year (The Information)
Qualcomm is reportedly pursuing an $8B-$10B Tenstorrent acquisition that would materially expand its AI chip ambitions.
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<p><a href="https://www.techmeme.com/260615/p41#a260615p41" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/qualcomm-talks-buy-tenstorrent-expand-ai-chip-capabilities">Source: Qualcomm is in talks to buy AI chip designer Tenstorrent for $8B to $10B; Tenstorrent discussed raising $800M at a ~$3.2B valuation last year</a></b></span> — Qualcomm has been in talks to buy Tenstorrent, a startup that designs chips for AI, according to a person with direct knowledge of the deal.</p>
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